ECONOMICS

Detailed explanation-1: -The collection of data is a process through which the researcher uses methods like interviews, surveys, questionnaires, etc. to gather, collate and analyse data.

Detailed explanation-2: -Various graphs and tables can be used to organise and represent data. Different types of data representation are more suitable for different types of data. Properly representing data helps us understand and use the data to draw conclusions.

Detailed explanation-3: -Secondary data is usually data which is collected by different bodies for no specific purpose. Usually, these types of collected and cleaned data are used effortlessly by researchers who can quickly analyse and derive solutions.

Detailed explanation-4: -Primary Data Collection Methods. Primary data is collected from first-hand experience and is not used in the past. The data gathered by primary data collection methods are specific to the research’s motive and highly accurate.