Which of the following is a difference between primary data and secondary data?
A)Primary data are inexpensive to gather, while secondary data are expensive to gather.
B)Primary data can be maintained in secrecy, while secondary data are usually available to all interested parties for relatively small fees or free.
C)Primary data are outdated, whereas secondary data are current and have known sources.
D)Primary data are data that have been previously collected, while secondary data are data that have been collected for the first time.

Question

Quizplus · Accepted Answer

Primary data is collected by the researcher, usually through methods such as surveys, interviews or experiments. This data can be kept confidential and is not easily available to others. On the other hand, secondary data is data that has already been collected by someone else, such as government agencies, academic institutions or market research firms. This data is usually available to all interested parties for a fee or even free of charge, and cannot be kept confidential as it has already been published.

Which of the Following Is a Difference Between Primary Data