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What is the main difference between primary data and secondary data?
- a)Primary data is collected by an investigator, while secondary data is collected by respondents.
- b)Primary data is collected for the current research problem, while secondary data is collected for past research problems.
- c)Primary data is raw and unprocessed, while secondary data is processed and modified.
- d)Primary data is more cost-effective than secondary data.
Correct answer is option 'B'. Can you explain this answer?
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What is the main difference between primary data and secondary data?a)...
The main difference between primary data and secondary data is that primary data is collected for the current research problem, while secondary data is collected for past research problems.
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What is the main difference between primary data and secondary data?a)...
Primary data and secondary data are two types of data that are used in research. The main difference between them is the purpose for which they are collected.
Primary Data:
- Primary data is collected by the investigator specifically for the current research problem.
- It involves the collection of original and first-hand information.
- The investigator directly interacts with the respondents or participants to gather the required data.
- Primary data is collected through various methods such as surveys, interviews, observations, experiments, etc.
- The data collected is tailored to meet the specific research objectives and is relevant to the current study.
- It is considered to be more accurate and reliable as it is collected directly from the source.
- Primary data is often time-consuming and expensive to collect.
Secondary Data:
- Secondary data refers to data that has already been collected by someone else for a different research problem or purpose.
- It involves the use of existing data sources such as books, journals, government reports, previous research studies, online databases, etc.
- The data is collected by someone other than the researcher and is available for reuse.
- Secondary data is often used to gain background information, compare results, or validate primary data findings.
- It is processed and modified according to the requirements of the current research study.
- Secondary data is generally more cost-effective and less time-consuming compared to primary data collection.
Why is option 'B' the correct answer?
The correct answer to the question is option 'B', which states that primary data is collected for the current research problem, while secondary data is collected for past research problems. This is because primary data is collected by the investigator specifically for the current research study, and it is tailored to meet the specific objectives of that study. On the other hand, secondary data has already been collected by someone else for a different research problem or purpose, and it is used for background information or to compare and validate findings from primary data. Therefore, the main difference between primary and secondary data lies in the purpose for which they are collected.
Primary Data:
- Primary data is collected by the investigator specifically for the current research problem.
- It involves the collection of original and first-hand information.
- The investigator directly interacts with the respondents or participants to gather the required data.
- Primary data is collected through various methods such as surveys, interviews, observations, experiments, etc.
- The data collected is tailored to meet the specific research objectives and is relevant to the current study.
- It is considered to be more accurate and reliable as it is collected directly from the source.
- Primary data is often time-consuming and expensive to collect.
Secondary Data:
- Secondary data refers to data that has already been collected by someone else for a different research problem or purpose.
- It involves the use of existing data sources such as books, journals, government reports, previous research studies, online databases, etc.
- The data is collected by someone other than the researcher and is available for reuse.
- Secondary data is often used to gain background information, compare results, or validate primary data findings.
- It is processed and modified according to the requirements of the current research study.
- Secondary data is generally more cost-effective and less time-consuming compared to primary data collection.
Why is option 'B' the correct answer?
The correct answer to the question is option 'B', which states that primary data is collected for the current research problem, while secondary data is collected for past research problems. This is because primary data is collected by the investigator specifically for the current research study, and it is tailored to meet the specific objectives of that study. On the other hand, secondary data has already been collected by someone else for a different research problem or purpose, and it is used for background information or to compare and validate findings from primary data. Therefore, the main difference between primary and secondary data lies in the purpose for which they are collected.
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What is the main difference between primary data and secondary data?a)Primary data is collected by an investigator, while secondary data is collected by respondents.b)Primary data is collected for the current research problem, while secondary data is collected for past research problems.c)Primary data is raw and unprocessed, while secondary data is processed and modified.d)Primary data is more cost-effective than secondary data.Correct answer is option 'B'. Can you explain this answer?
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What is the main difference between primary data and secondary data?a)Primary data is collected by an investigator, while secondary data is collected by respondents.b)Primary data is collected for the current research problem, while secondary data is collected for past research problems.c)Primary data is raw and unprocessed, while secondary data is processed and modified.d)Primary data is more cost-effective than secondary data.Correct answer is option 'B'. Can you explain this answer? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about What is the main difference between primary data and secondary data?a)Primary data is collected by an investigator, while secondary data is collected by respondents.b)Primary data is collected for the current research problem, while secondary data is collected for past research problems.c)Primary data is raw and unprocessed, while secondary data is processed and modified.d)Primary data is more cost-effective than secondary data.Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What is the main difference between primary data and secondary data?a)Primary data is collected by an investigator, while secondary data is collected by respondents.b)Primary data is collected for the current research problem, while secondary data is collected for past research problems.c)Primary data is raw and unprocessed, while secondary data is processed and modified.d)Primary data is more cost-effective than secondary data.Correct answer is option 'B'. Can you explain this answer?.
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