Secondary data is ________ because it has already been collected, analyzed, and summarized by another party.

Name: Secondary data is ________ because it has already been collected, analyzed, and summarized by another party.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Secondary data is relatively inexpensive because it does not require the time, effort, and resources needed for primary data collection. However, it is important to evaluate the quality and reliability of secondary data sources before using them for decision making.

Secondary Data Is ________ Because It Has Already Been Collected