Answers.com > Wiki Answers > Categories > Jobs & Education > Education > School Subjects > Math and Arithmetic > Statistics > What are the Advantages and disadvantages of primary and secondary source of data?

What are the Advantages and disadvantages of primary and secondary source of data?

In: Statistics [Edit categories]

Answer:

1. discuss the advantages and disadvantages of secondery data.

Advantages :

Secondary data can usually be obtained more quickly and at lower cost than primary data.

Also, secondary sources sometimes can provide data an individual company cannot collect on its own-information that etheir is not directly available or would be too expensive to collect.

Disadvantages:

The needed information may not exist-reserchers can rarely obtain all the data they need from secondary sources. Even when data can be found, they might not be very usable.

First answer by ID2030627650. Last edit by ID2030627650. Question popularity: 5 [recommend question].

[report abuse]

Can you answer these Statistics questions?

	What are the significance of greetings?	Answer it!
	What is the latest statistics on the rhino population?	Answer it!
	When doing experimental research why is it important to control for everything except your independent variable?	Answer it!
	What is term for a method of collecting data?	Answer it!
	How can you ensure that aliasing perspective and parallax errors do not occur when you are collecting kinematic data?	Answer it!

Relevant answers:

Advantage disadvantage of secondary Data?
Advantages to the secondary data collection method are - 1) it saves time that would otherwise be spent collecting data, 2) provides a larger database (usually) than what would be possible to collect...
What are the advantages and disadvantages of Primary Data?
Primary Sources of Data Primary sources are original sources from which the researcher directly collects data that have not been previously collected e.g.., collection of data directly by the...
What is the difference between primary and secondary sources of reading and primary and secondary?
I've never heard of primary vs. secondary sources ofreading, but I can provide an answer on primary vs. secondary sources of data. A secondary source of data is data that was collected for a reason...
Advantages of primary sources of data?
The imformation you get from a primary source is more accurate and more likely to be correct
What is an advantage of secondary sources over primary sources?