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

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

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.

What are the advantage and disadvantage of primary data?

Advantages- it is fresh data and hence it suits the need of investigator . this method can be controlled by the investigator according to his need. the investigator can be more specific while collecting data. Disadvantages- This method of collecting data is very time consuming and cost consuming.

What are the limitations disadvantages of primary data?

Disadvantages of primary data

• Time consuming to collect.
• It requires skilled researchers in order to be administered.
• It needs a big sample size, in order to be accurate.
• It is difficult to administer because of the large volume of data which is raw.
• It is costlier to collect data using this method and sometimes data.

What are the disadvantages of secondary data?

• Might be not specific to your needs. Secondary data is not specific to the researcher’s needs due to the fact that it was collected in the past for another reason.
• You have no control over data quality. The secondary data might lack quality.
• Biasness.
• Not timely.
• You are not the owner of the information.

What is a disadvantage of secondary sources?

Disadvantages of secondary sources: quality of research may be poor; not specific to researcher’s needs; possible incomplete information and not timely.

What are the disadvantages of using secondary data?

Disadvantages of Secondary Data Analysis A major disadvantage of using secondary data is that it may not answer the researcher’s specific research questions or contain specific information that the researcher would like to have.

What are some disadvantages to secondary research?

Cons: A major disadvantage of secondary research is that the researcher may have difficulty obtaining information specific to his or her needs. Additionally, existing research data may not have the currency necessary to be useful.

What are three advantages of secondary data?

Advantages of Secondary data. It is economical. It saves efforts and expenses.

Disadvantages of Secondary Data. Secondary data is something that seldom fits in the framework of the marketing research factors.

we will lead to evaluation of secondary data.

What are advantages do secondary data have over primary data?

There is no issue of data collection as it is obtained by performing operations on primary data collected.

The cost involved in secondary data collection is relatively less.

Quality of data is not the responsibility of the investigator.

What are problems with secondary data use?

The major problems with using secondary data sources are that the data may not be uniform across the entire study population. For example, birth certificates and death certificates may not be available for everyone. Sometimes if the request for the data is old enough, the information has been deleted or lost.

What are the disadvantages of secondary sources?

Disadvantages: Because secondary sources are not necessarily focused on your specific topic, you may have to dig to find applicable information. Information may be colored by the researcher’s own bias or faulty approach. Also, secondary sources can become outdated (in some fields more quickly than in others).