What do you mean by the following terms ?

(i) raw data

(ii) data item

(iii) data type

(iv) data structure

What do you understand by the following :

(i) simple data structures

(ii) compound data structures

(iii) linear data structures

(iv) non-linear data structures ?

State condition(s) when binary search is applicable.

Name the efficient algorithm offered by Python to insert element in a sorted sequence.