Question

Data collected originally for an investigation is known as :-
1. Primary Data
2. Secondary Data
3. Source Data
4. None of the above

Answer 1

Correct Answer - Option 1 : Primary Data

The correct answer is Primary Data.

• Primary data are original observations collected by the researcher or by his agent for the first time for any investigation and it is a collection of data from first-hand information.
• This type of primary data is mostly pure and original data.
• The primary data is the one type of important data it is useful for current studies as well as for future studies.​​​

• Secondary data are those which have already been collected by someone else and which have through some statistical analysis.
• Secondary data is the already existing data, collected by the investigator agencies and organizations earlier.
• Primary data is real-time data whereas secondary data is one that relates to the past.
• Primary data is collected for addressing the problem at hand while secondary data is collected for purposes other than the problem at hand.
• Primary data collection is a very involved process. On the other hand, the secondary data collection process is rapid and easy.