explain the various source of collecting class 11th
Answers
Answer:
Sources of Data
Sources of Data can be classified into 2 types. Statistical sources refer to data that are gathered for some official purposes and incorporate censuses and officially administered surveys. Non-statistical sources refer to the collection of data for other administrative purposes or for the private sector.
What are the different sources of data?
Following are the two sources of data:
1. Internal Source
When data are collected from reports and records of the organisation itself, it is known as the internal source.
For example, a company publishes its ‘Annual Report’ on Profit and Loss, Total Sales, Loans, Wages etc.
2. External Source
When data are collected from outside the organisation, it is known as the external source.
For example, if a Tour and Travels Company obtains information on ‘Karnataka Tourism’ from Karnataka Transport Corporation, it would be known as external sources of data.
