What are the advantages and disadvantages of primary and secondary data?

Question

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. 15 янв. 2020 г.

What are the advantages and disadvantages of primary data?

Advantages of Primary dataDisadvantages of primary dataMore accurateTime-consuming processUpdated informationCostlyMore control over the dataRequire more laborPrivacy is maintainedThe questionnaire must be easy and understandable

What are the advantages and disadvantages of secondary?

Advantages: They offer a quick, easy introduction to your topic. They may point to high-quality primary and secondary sources. Disadvantages: Because of their distance, they may oversimplify or otherwise distort a topic. By rehashing secondary sources, they may miss new insights into a topic.

What are disadvantages of primary data?

There are two main disadvantages of primary data: Collecting primary data is very expensive. It usually takes a long time to collect primary data.

What are the advantages and disadvantages of secondary data analysis?

Pros: As it is largely based on already existing data derived from previous research, secondary research can be conducted more quickly and at a lesser cost. Cons: A major disadvantage of secondary research is that the researcher may have difficulty obtaining information specific to his or her needs.

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