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What is secondary data used for?

Secondary data has already been collected by and readily available from other sources. It is cheaper and easier to obtain than primary data. It helps provide an understanding of the problem and allows for comparison of the primary data collected. Secondary data can also be used as study to determine if and where mistakes or deficiencies exist in either set of data.


What are the three criteria for parametric test to be used?

normal distiribution n>30 numeratical data


What are the different between primary data and secondary data?

Primary data is data which has been collected by yourself, which is more reliable and up to date. Secondary data has been collected from a secondary source (Other people, business etc.) so it may not be valid or up to date."Primary" and "secondary" are terms used to define data relative to the purpose by which the data were collected originally."Primary data" are data collected for the need at hand."Secondary data" are data that were collected for another reason but is being re-purposed to address the need at hand.When describing the expertise of data analysts, it is not uncommon to distinguish between primary and secondary data analytics. Primary data analytics involves the ability to analyze data for the purpose by which it has been collected. Secondary data analytics involves identifying "secondary data sources" to solve a new problem and then the ability to re-purpose that data.Primary data is a data which is created for the first time and there is no previous source available. Secondary data is a readily available data like data from trade directories,statistics from websites etc. In Dissertation Literature review is done through secondary data which includes the contents such as theories, models, compilation, research findings by some other scholar etc.


What is stacked data In Statistics?

Stacked data is a term which is used for a particular form of bar charts. For data classified into classes, a bar chart would comprise a set of bars, one for each class, where the height of the bar represents the variable of interest. If the data are classified according according to two criteria, one way to display the data is to use a stacked bar chart where each bar represents the classes, and, stacked on top of one another, are bars representing the secondary classes.


What is the difference between primary and secondary sources of reading and primary and secondary sources of data?

I've never heard of primary vs. secondary sources ofreading, but I can provide an answer on primary vs. secondary sources of data.A secondary source of data is data that was collected for a reason other than the task at hand. A good example is US Census data. Marketers might use census data as input into decisions. An example of application of this data is as follows. Suppose you want to distribute your product in the 5 most populated cities in the US. You could find this info from census data, and go about distributing your product in those 5 cities.A primary source of data is data that is collected specifically for the task at hand, often via a market research study. For example, if you wanted to know what features of your product are most valued to buyers, you would design a market research study (i.e. questionnaire) to find that out. At the end of your study, you'd have the data to answer your question.---Note that there is quite a trade in used data. There's nothing wrong in this, provided all the relevant information about things like the purpose and reliability and possible sources of distortion of the old data are taken into account.

Related Questions

What is distortion criteria?

Distortion criteria refer to the acceptable level of distortion or error in a signal or system before it is considered unacceptable. It helps in evaluating the quality of the output signal by comparing it to the original input signal. Various measurements and standards are used to determine distortion criteria in different contexts such as audio processing, image processing, and data transmission.


How is mathematics used in evaluating data?

Scientists can evaluate the mathematical calculations of others.


What are the key criteria for evaluating the quality and credibility of scientific research articles published in scientific peer review journals?

The key criteria for evaluating the quality and credibility of scientific research articles in peer-reviewed journals include the reputation of the journal, the qualifications and affiliations of the authors, the methodology and data analysis used, the clarity and transparency of the research findings, and the presence of citations and references to support the claims made in the article.


The meaning of criteria?

Criteria refers to the standards or requirements used to evaluate or assess something. It represents the specific factors or characteristics against which a decision or judgment is made. Criteria can vary depending on the context or purpose, but they are typically used to determine the quality, suitability, or effectiveness of something.


What is secondary data used for?

Secondary data has already been collected by and readily available from other sources. It is cheaper and easier to obtain than primary data. It helps provide an understanding of the problem and allows for comparison of the primary data collected. Secondary data can also be used as study to determine if and where mistakes or deficiencies exist in either set of data.


What are the sources of data used in management accounting?

. Primary and Secondary data . Discrete and Continuous Data . Sample and Population Data


What are the key criteria for evaluating the quality of a scientific journal review in the field of science?

The key criteria for evaluating the quality of a scientific journal review in the field of science include the credibility of the author, the thoroughness of the research, the clarity of the writing, the relevance of the findings, the methodology used, and the impact of the study on the scientific community.


How can secondary storage devices be used to prevent data loss?

So you can backup your data if data loss occurs.


Does the US Census Data exclude anyone?

Forms that can be read by computers are now used to eliminate human error when evaluating and calculating data. (:


How can a criteria matrix be used to prioritize projects effectively?

A criteria matrix can be used to prioritize projects effectively by establishing specific criteria, assigning weights to each criterion based on importance, and evaluating each project against these criteria. This allows for a systematic and objective comparison of projects, helping decision-makers make informed choices based on the project's alignment with the established criteria.


What is the criteria used in selecting a secondary storage device for a particular use?

. storage capacity . access speed . size . portability . cost


What is a secondary key in relational databases?

A secondary key is a field that is identified as being suitable for indexing the data such as a surname, It is used to sort the data in a different order to the primary key, A table can have many secondary keys in fact every field could be a secondary key. Hope this helps !