Which term means information is of value if it aids the user in making or improving decisions?

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Information is valuable when it helps you make or improve decisions. The term that matches this idea is Value of Information, which describes how useful information is in guiding choices, reducing uncertainty, or improving outcomes, especially when you weigh the cost of obtaining it against the benefit it provides.

Information Age refers to the era dominated by information and digital technology, not to how information influences decisions. Common Knowledge means information that is widely known and accepted, not specifically about its usefulness for decision-making. Reliability of Information focuses on how trustworthy or accurate the information is, rather than its practical value for decision outcomes.