Economy, asked by sreenukshatriya4699, 1 year ago

Differentiate between primary and secondary data and explain the methods of collecting primary data.

Answers

Answered by hari14370
1

Answer:

Data Collecting Methods – Primary Data

Primary Data.

Recommended Tools for Questionnaires.

Recommended Tools for Data Collecting:

There are three methods of data collecting we can use: questionnaires, observation and experiments. However, collecting data is not the end of the process. We need to organize, systematize, and evaluate the collected data.

Explanation:

Primary data is a real-time data whereas secondary data is one which relates to the past. Primary data is collected for addressing the problem at hand while secondary data is collected for purposes other than the problem at hand.

Similar questions