Question

What are the fundamental differences between primary data and secondary data?

Answer 1

The fundamental differences between primary and secondary data are discussed in the following points:

i. The term primary data refers to the data originated by the researcher for the first time. Secondary data is the already existing data, collected by the investigator agencies and organizations earlier.

ii. Primary data collection sources include surveys, observations, experiments, questionnaire, personal interview, etc. On the contrary, secondary data collection sources are government publications, website, books journal article, internal records etc.

iii. Data collected through primary sources are more reliable and accurate as compared to the secondary sources.