Which statement is correct?
A)Analysts avoid business periodicals (e.g., Bloomberg Businessweek).
B)Web searches (e.g., Google) yield reliable and easily verified data.
C)Government data sources (e.g., www.bls.gov) usually are free.
D)Private statistical databases (e.g., CRSP) usually are free.

Question

Quizplus · Accepted Answer

Government data sources usually offer free and reliable data, making them a preferable choice for analysts. Business periodicals such as Bloomberg Businessweek may provide useful insights, but they are not typically relied upon as a primary source of reliable data. Web searches may yield some relevant information, but the reliability and verifiability of that information can vary greatly. Private statistical databases such as CRSP are typically not free and may be limited in scope or subject to usage restrictions.

Which Statement Is Correct