What are the primary data? Enumerate the various methods of collecting primary data . Merits and demerits?
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when we collect the data directly from the person. like interview
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primary data
Raw data, also known as primary data, is data collected from a source. In the context of examinations, the raw data might be described as a raw score.
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.
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