Two important advantages of secondary data are:
A)they are tailor-made to your specifications and relatively inexpensive.
B)they are inexpensive and up-to-date.
C)they are usually inexpensive and save time.
D)they are up-to-date and supply all relevant categories of information.

Question

Quizplus · Accepted Answer

Secondary data is usually less expensive than primary data collection methods, such as surveys or interviews, and it can save time since the data already exists. While secondary data may not be tailor-made to specific research needs and may not provide all relevant categories of information, it can still be a useful source of information for many research purposes. Option A is incorrect because while secondary data may be relatively inexpensive, it is not always tailor-made to specific research needs. Option B is incorrect because while secondary data may be relatively inexpensive, it may not always be up-to-date. Option D is incorrect because while secondary data may be up-to-date, it may not provide all relevant categories of information.

Two Important Advantages of Secondary Data Are