Economy, asked by pearlmujawar, 1 year ago

what are the aims and objectives of tools of collection of data?

Answers

Answered by jnash13
2

Understand the relationship between data and  analysis objectives  understand the data collection planning process  appreciate human factors of data collection. The terms 'data' and 'information' are used  interchangeably . However the terms have distinct meanings:  data are facts, events, transactions and so on which have  been recorded. They are the input raw materials from which  information is processed.  Information is data that have been produced in such a way as  to be useful to the recipient.  In general terms basic data are processed in some  way to form information but the mere act of processing  data does not itself produce information. • Data are facts obtained by reading, observation, counting, measuring, and weighing etc. which are then  recorded.  Called raw or basic data and are often records of the  day to day transactions of an organization.  Data are derived from both external and internal  sources.  Data may be produced as an automatic by-product of  some routine but essential operation.

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