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Data Collection Notes

The document discusses data collection in statistics, distinguishing between primary and secondary data. Primary data is collected directly from sources and is more accurate but costly and time-consuming, while secondary data is sourced from existing materials, is less expensive and quicker to gather, but less accurate. It also emphasizes the importance of ensuring the suitability, adequacy, and reliability of secondary data for effective analysis.

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12 views2 pages

Data Collection Notes

The document discusses data collection in statistics, distinguishing between primary and secondary data. Primary data is collected directly from sources and is more accurate but costly and time-consuming, while secondary data is sourced from existing materials, is less expensive and quicker to gather, but less accurate. It also emphasizes the importance of ensuring the suitability, adequacy, and reliability of secondary data for effective analysis.

Uploaded by

ucet.hosdece
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as DOCX, PDF, TXT or read online on Scribd

Collection of Data

In statistics, the data means mass information collected from different sources.

Data Collection Types


Primary Data
Examples: Surveys, opinion polls

Differences between primary and secondary data:

Primary Data
 It is a data collected from the primary sources.
 It is also known as "Basic data".
 The collection of primary data is more expensive.
 It takes more time to collect data.
 Primary data is more accurate.
 It is also known as "First Hand Data".
 It is required to take time at the time of collecting data.

Secondary Data
 It is a data collected from secondary sources.
 It is also known as "Subsidiary data".
 The collection of secondary data is less expensive than primary data.
 It takes less time to collect data.
 Secondary data is less accurate than primary data.
 It is also known as "Second Hand Data".
 It is not required to take time at the time of collecting data.
Example: Sales deposit

Precautions in Use of Secondary


Data
Suitability of data: The investigator must satisfy himself that the data is
available and suitable for purpose of enquiry.
Adequacy of data: If the data is suitable for the purpose of investigation then
we must consider whether the data is useful for present analysis.

Reliability of data: The data can be tested and the collecting agents used
proper methods for the data reliable.

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