Identifying Data Sources and Release Frequencies

Issued by Federal Reserve Bank of St. Louis

Understanding how data are collected and revised is important in order to use them correctly. Also, the difference between open and proprietary sources determines how data can be redistributed. Knowing how to identify the open or proprietary character of a data source and how the data are collected, released, and revised will help you think critically about your data.

Type Learning
Level Foundational
Time Hours
Cost Free

Additional Details

Skills

Earning Criteria

To earn this badge you will complete a knowledge check, interact with FRED, complete two application scenarios, and demonstrate your ability to transfer skills.

Standards

Authority is Constructed and Contextual

Information resources reflect their creators’ expertise and credibility. Authority is constructed in that various communities may recognize different types of authority. It is contextual in that the information need may help to determine the level of authority required.