ENTREPRENEURSHIP

Detailed explanation-1: -Secondary data analysis is the process of analyzing data collected from another researcher who primarily collected this data for another purpose. Researchers leverage secondary data to save time and resources that would have been spent on primary data collection.

Detailed explanation-2: -Secondary Data Collection Methods Secondary data is data collected by someone other than the actual user. It means that the information is already available, and someone analyses it. The secondary data includes magazines, newspapers, books, journals, etc.

Detailed explanation-3: -Advantages of Secondary Data Analysis The biggest advantage of using secondary data is economics. Someone else has already collected the data, so the researcher does not have to devote money, time, energy, and other resources to this phase of research.