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Test: Collection of Data - 1 - Commerce MCQ


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10 Questions MCQ Test - Test: Collection of Data - 1

Test: Collection of Data - 1 for Commerce 2024 is part of Commerce preparation. The Test: Collection of Data - 1 questions and answers have been prepared according to the Commerce exam syllabus.The Test: Collection of Data - 1 MCQs are made for Commerce 2024 Exam. Find important definitions, questions, notes, meanings, examples, exercises, MCQs and online tests for Test: Collection of Data - 1 below.
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Test: Collection of Data - 1 - Question 1
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Primary data is also known as:

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Primary data is referred to as raw data that is collected directly from personal experiences or sources, without any modifications or processing.
Test: Collection of Data - 1 - Question 2
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What type of questions allow respondents to provide a broad range of responses without predefined answer choices?

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Open-ended questions do not limit respondents to pre-determined answer choices, allowing them to express themselves freely.
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Test: Collection of Data - 1 - Question 3
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What is the primary advantage of using telephone interviews as a data collection method?

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Telephone interviews offer a quick way to collect data by contacting individuals over the phone.
Test: Collection of Data - 1 - Question 4
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Which data collection method is suitable for open-ended questions and helps avoid ambiguities?
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Personal interviews, conducted face-to-face, are suitable for open-ended questions and minimize ambiguities.
Test: Collection of Data - 1 - Question 5
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What is the purpose of a pilot survey in the research process?
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A pilot survey helps assess the suitability of questions, clarity of instructions, and other survey aspects before conducting the actual survey.
Test: Collection of Data - 1 - Question 6
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What type of error arises from using a sample instead of the entire population in estimating a population characteristic?
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Sampling error is the inaccuracy that arises from using a sample instead of the entire population.
Test: Collection of Data - 1 - Question 7
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What is the primary advantage of using probability sampling?
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Probability sampling is considered more scientific as it ensures that each member of the population has an equal chance of being included in the sample.
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What is the term for the difference between the expected value and the true value of a population characteristic being measured due to an inaccurate sample selection?
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Sampling bias is the term for the difference between the expected and true values of a population characteristic due to an inaccurate sample selection. It can lead to an inaccurate representation of the population.
Test: Collection of Data - 1 - Question 9
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Which of the following is NOT a method of collecting primary data?
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Government publications are a source of secondary data, not a method for collecting primary data.
Test: Collection of Data - 1 - Question 10
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What is the primary advantage of collecting secondary data compared to primary data?
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Collecting secondary data is generally less expensive compared to the cost-intensive process of gathering primary data from scratch.
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