Download App

Collection of Data — Economics STD 11 Commerce — Question

CBSE BoardEnglish MediumSTD 11 CommerceEconomicsCollection of Data3 Marks
Question
Discuss advantages and disadvantages of Secondary data.
✓

Answer

Advantages of Secondary Data:
  1. Sometimes it is difficult to obtain primary data; in these cases getting information from secondary sources is easier and possible. Sometimes primary data does not exist in such situation one has to confine the research on secondary data.
  2. Sometimes primary data is present but the respondents are not willing to reveal it in such case too secondary data can suffice
  3. Secondary data is often readily available. After the expense of electronic media and internet the availability of secondary data has become much easier.
Disadvantages of Secondary Data:
  1. The investigator cannot decide what is to be collected but has to rely on whatever is available.
  2. One can only hope that the data is of good quality
  3. It is not possible to get additional clarification or information.

Need a full question paper?

Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.

Start Generating Free

Explore more

More "3 Marks Question" from Collection of Data→Collection of Data — all question types→Economics STD 11 Commerce question papers→CBSE Board STD 11 Commerce question papers→CBSE Board question paper generator→

Similar questions

A consumer buys $18$ units of a good at a price of $₹.9$ per unit. The price elasticity of demand for the good is $(-) 1.$ How many units the consumer will buy at a price of $₹.10$ per unit? Calculate.
→
Draw a scatter diagram of the following data and interpret to find the nature of correlation.
X
2
3
5
6
8
9
Y
6
5
7
8
12
11
→
Explain different types of two dimensional diagrams.
→
Will the seller always be ready to sell more of a commodity at a higher price in the market?
→
Differentiate between economic and non economic activities.
→
Calculate median from the following data:
Marks
More than 0
More than 10
More than 20
More than 30
More than 40
More than 50
No. of students
50
42
38
28
16
3
→
What do you know about Frequency distribution, Class limits and Class mark.
→
Give the steps involved in the calculation of mean deviation from the arithmetic mean for ungrouped data.
→
What is dispersion? What is the difference between an average and dispersion?
→
Show the following situation with PPF (PPC).
a. Fuller utilisation of resources
b. Growth of resources
c. Under utilisation of resources.
→