FUNDAMENTALS OF COMPUTER

DATABASE FUNDAMENTALS

TYPES OF DATA

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which type of data is more time consuming and expensive to collect?
A
Primary data
B
Secondary data
C
Either A or B
D
None of the above
Explanation: 

Detailed explanation-1: -Answer : Primary data collection is more expensive than secondary data collection. It is also time-consuming.

Detailed explanation-2: -Primary data can be collected in a number of ways. However, the most common techniques are self-administered surveys, interviews, field observation, and experiments. Primary data collection is quite expensive and time consuming compared to secondary data collection.

Detailed explanation-3: -The most expensive way of collecting data is questionnaire through enumerator. Since the arrangements are to be done for the enumerator to question the population. Was this answer helpful?

Detailed explanation-4: -Primary research can also be time consuming to carry out, especially if a large sample size is required. The time required to effectively plan primary research, carry it out and analyse the data is much greater than the time taken to conduct secondary research.

Detailed explanation-5: -The time required to collect primary data is usually long while that required to collect secondary data is usually short. The primary data collection process is sometimes longitudinal in nature. Therefore, researchers may need to observe the research subject for some time while taking down important data.

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