Note 1: Examples of data compaction methods are the use of fixed-tolerance bands, variable-tolerance bands, slope-keypoints, sample changes, curve patterns, curve fitting, variable-precision coding, frequency analysis, and probability analysis.
Note 2: Simply squeezing noncompacted data into a smaller space, for example by increasing packing density or by transferring data on punched cards onto magnetic tape, is not data compaction.
Note 3: Whereas data compaction reduces the amount of data used to represent a given amount of information, data compression does not.
Source: from Federal Standard 1037C