explain the Principle Differences between primary
Secondary data ?
Answers
Answer:
Primary data is the type of data that is collected by researchers directly from main sources while secondary data is the data that has already been collected through primary sources and made readily available for researchers to use for their own research.
Primary data is specific to the needs of the researcher at the moment of data collection. The researcher is able to control the kind of data that is being collected.
It is accurate compared to secondary data. The data is not subjected to personal bias and as such the authenticity can be trusted.
The researcher exhibit ownership of the data collected through primary research. He or she may choose to make it available publicly, patent it, or even sell it.
Primary data is usually up to date because it collects data in real-time and does not collect data from old sources.
The researcher has full control over the data collected through primary research. He can decide which design, method, and data analysis techniques to be used.
Cons
Primary data is very expensive compared to secondary data. Therefore, it might be difficult to collect primary data.
It is time-consuming.
It may not be feasible to collect primary data in some cases due to its complexity and required commitment.