*Which type of data have less cost of collection?*
1️⃣ Primary
2️⃣ Secondary
3️⃣ Both 1 and 2
4️⃣ None of these.
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Answer:
2.secondary
Explanation:
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(2) Secondary data have less cost of collection.
Definition of Secondary Data;
Secondary Data- the data collected by others rather than the primary user.
Features of Secondary Data;
- The data is reliable in secondary data. They are easy to access and less costly.
- They are found in newspapers, E-journals, websites and many more ways. These data are collected by someone else.
- The data is suitable for the research and the units of collection are mentioned.
- They are two methods of secondary data;
- Quantitative method
- Qualitative method
Hence, Secondary Data are much more reliable and cheaper that primary data.
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