Informations Types(1) - TYPES OF INFORMATION SOURCES The...

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TYPES OF INFORMATION SOURCES The kind of information you need will determine what sources you should use. The sources you use will determine the quality of the information you find. Intent of a Source To investigate To present facts To explain or describe To interpret To argue To sell To persuade Kinds of Information Available 1. Factual or analytical Facts are statements that can be proved. Good reference materials will give you facts Analytical information is someone’s interpretation of facts; much depends on the skill and credibility of the source. Women aged 45 to 54 report twice as many strokes as men. (fact) This is probably due to hormone replacement therapy and overweight. (analytical) 2. Subjective or Objective Subjective information is presented from one point of view. “Coffee ice-cream is best” is subjective information. “This movie was not good because…” is subjective information. It is an opinion or an interpretation Be careful, many persuasive articles are written very subjectively. Objective Information synthesizes information from a number of different sources and the findings can be replicated. In 20 different studies, chocolate was reported as the favorite ice-cream flavor. One can go look at those 20 studies and come to the same conclusion. 3. Primary or Secondary Primary Information is in the original form when the information first appears. It has not been interpreted, condensed, etc. Examples: Newspaper article written by an eye-witness, first publication of a study, an original artwork, correspondence, historical documents, an account of something that was observed or experienced… Secondary information has been removed from its original source and repackaged. It has been restated, rearranged, or interpreted
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Example: Textbook that describes economic studies, a newspaper article that reports on a study, an entry into an encyclopedia, and census tables. When dealing with secondary information, it is important to consider the source of the secondary information. Academic Journals These are generally more valid sources of information; they are devoted to studies that advance knowledge in the discipline. Review articles are especially valuable. An article published in an academic journal goes through a review process, which consists of a review by experts in the field. All academic journals are not equal.
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This note was uploaded on 03/29/2011 for the course ECON 211 taught by Professor Bass during the Winter '11 term at Grand Valley State University.

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Informations Types(1) - TYPES OF INFORMATION SOURCES The...

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