give two points of difference between primary data and secondary data
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Primary data refers to the first hand data gathered by the researcher himself. Secondary data means data collected by someone else earlier. Surveys, observations, experiments, questionnaire, personal interview, etc. Government publications, websites, books, journal articles, internal records etc.
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Secondary data requires less time and money; hence it is economical.Collecting primary data is quite expensive both in the terms of time and money.Primary data are those that are collected for the first time. Secondary data refer to those data that have already been collected by some other person.
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