Why do we collect Data?, Primary Source of Data


Learning Outcomes:-

Through this module, you will gain understanding on:-

  1. Why do we collect Data?
  2. Primary Source of Data

 


 

Why do we collect data?

     To understand, analyze and explain a socio-economic problem

     Try to understand the causes behind the problem

     To find possible solutions through comprehensive support of numerical facts

 

(A) Primary Source of Data:

     It implies collection of data from its source of origin

     Offers first-hand quantitative information relating to your statistical study

Example; To collect the basic data yourself through statistical survey, with the help of investigators or field workers contacting the respondents (people who offer basic information)

VIDEO DESCRIPTION (max 5,000 characters)

Why do we collect Data?, Primary Source of Data | Statistics for Economics | 11th Commerce | by @statomics11comm

 

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