Key Differences Between Primary and Secondary Data The fundamental differences between primary and secondary data are discussed in the following points: But the most important difference is that primary data is factual and original whereas secondary data is just the analysis and interpretation of the primary data.
Your email address will not be published. Basis for Comparison Primary Data Secondary Data Meaning Primary data refers to the first hand data gathered by the researcher himself. Data collected through primary sources are more reliable and accurate as compared to the secondary sources. You Might Also Like: Primary data collection sources include surveys, observations, experiments, questionnaire, personal interview, etc.
Primary data collection requires a large amount of resources like time, cost and manpower.
Data collection plays a very crucial role in the statistical analysis. It can also be said that secondary data is obtained when statistical methods are applied to the primary data. The term primary data refers to the data originated by the researcher for the first time.
Secondary data means data collected by someone else earlier. Secondary data offer several advantages as it is easily available, saves time and cost of the researcher. Thank you for this information it was very useful to use in class! The data can be collected through various methods like surveys, observations, physical testing, mailed questionnaires, questionnaire filled and sent by enumerators, personal interviews, telephonic interviews, focus groups, case studies, etc.
While primary data is collected with an aim for getting solution to the problem at hand, secondary data is collected for other purposes. Leave a Reply Cancel reply Your email address will not be published.
Primary data collection is a very involved process. Conversely, secondary data is relatively inexpensive and quickly available. Data Real time data Past data Process Very involved Quick and easy Source Surveys, observations, experiments, questionnaire, personal interview, etc.
Comments Thank you for the information it is of great importance to us as Anderson students who have the privilege to use internet for our assignments.
Primary data is a real-time data whereas secondary data is one which relates to the past. Primary data is available in the raw form whereas secondary data is the refined form of primary data.
As the name suggests, primary data is one which is collected for the first time by the researcher while secondary data is the data already collected or produced by others.