Differentiate between the two methods of data.
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Differentiate between the two methods of data.
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The method of collecting information is divided into two different sections, namely, primary data and secondary data. In this process, primary data is assembling of data or information for the first time, whereas, secondary data is the data that has been already gathered or collected by others.
The most important characteristics of primary data is it is original and first-hand, whereas, secondary data is the interpretation and analysis of the primary data.
Primary data are those which are collected for the first time.
Secondary data refers to those data which have already been collected by some other person.
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