Education

What are the advantages and disadvantages of primary data?

By: Mostafa AhangarhaUpdated: December 04, 2020

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Advantages- it is fresh data and hence it suits the need of investigator . this method can be controlled by the investigator according to his need. the investigator can be more specific while collecting data. Disadvantages- This method of collecting data is very time consuming and cost consuming.

Keeping this in consideration, what are the advantages and disadvantages of secondary data?

Advantages and disadvantages of secondary data
Secondary data is available from other sources and may already have been used in previous research, making it easier to carry out further research. It is time-saving and cost-efficient: the data was collected by someone other than the researcher.

Similarly, what are the disadvantages of primary data?

Disadvantages of Primary Research
  • Cost. Compared to secondary research, primary data may be very expensive since there is a great deal of marketer involvement and the expense in preparing and carrying out research can be high.
  • Time Consuming.
  • Not Always Feasible.

What are the advantages of primary sources?

Why Use Primary Sources?
  • Primary sources help students relate in a personal way to events of the past and promote a deeper understanding of history as a series of human events.
  • Because primary sources are snippets of history, they encourage students to seek additional evidence through research.

What is data primary and secondary?

A common classification is based upon who collected the data. Primary data: Data collected by the investigator himself/ herself for a specific purpose. Secondary data: Data collected by someone else for some other purpose (but being utilized by the investigator for another purpose).

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What are the primary and secondary sources of data?

Primary sources provide raw information and first-hand evidence. Examples include interview transcripts, statistical data, and works of art. A primary source gives you direct access to the subject of your research. Secondary sources provide second-hand information and commentary from other researchers.

What is the difference between primary and secondary sources?

Primary sources can be described as those sources that are closest to the origin of the information. Secondary sources often use generalizations, analysis, interpretation, and synthesis of primary sources. Examples of secondary sources include textbooks, articles, and reference books.

What are the limitations of secondary data?

Disadvantages of Secondary Data
Unit of secondary data collection-Suppose you want information on disposable income, but the data is available on gross income. The information may not be same as we require. Class Boundaries may be different when units are same. Thus the data collected earlier is of no use to you.

What is primary and secondary data with example?

Primary data is information collected through original or first-hand research. For example, surveys and focus group discussions. On the other hand, secondary data is information which has been collected in the past by someone else. For example, researching the internet, newspaper articles and company reports.

Which of the following is a disadvantage of secondary data?

Secondary data are not always available for strategy-specific research questions. Secondary data sources are more limited than sources of primary data. Secondary data are more expensive to obtain and utilize than primary data. Secondary data are collected specifically for the research problem under investigation.

What are the main source of secondary data?

Common sources of secondary data for social science include censuses, surveys, organizational records and data collected through qualitative methodologies or qualitative research. Primary data, by contrast, are collected by the investigator conducting the research.

What are the advantages of secondary data over primary data?

The Advantages of Secondary Data Analysis
One of the most noticeable advantages of using secondary data analysis is its cost effectiveness. Because someone else has already collected the data, the researcher does not need to invest any money, time, or effort into the data collection stages of his or her study.

What are the advantages of primary and secondary sources?

Some common advantages of primary data are its authenticity, specific nature, and up to date information while secondary data is very cheap and not time-consuming. Primary data is very reliable because it is usually objective and collected directly from the original source.