Secondary data is characterized by which of the following? MCQ with Answer and Explanation

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Secondary data is characterized by which of the following?

A. It requires more time and resources to collect than primary data

B. It is always more accurate than primary data

C. It was originally collected by someone else for a different purpose

D. It is collected by the investigator for the first time

Answer: Option C

Solution (By JKSSB Mock Tests)

Secondary data refers to information that was previously gathered by another party for a different objective and is now being reused for a new study.

This question belongs to: Accountancy and Statistics Statistics

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Practice More Statistics Questions

Question #1

According to Census 2011, the population density of India (persons per sq km) is:

A. 382

B. 324

C. 282

D. 455

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Correct Answer: Option A

Explanation:
The population density of India in 2011 was 382 persons per square kilometer.

This question belongs to: Accountancy and Statistics Statistics

Question #2

Chain base index numbers are constructed using:

A. Average of Laspeyres and Paasche

B. Fixed base year weights

C. Geometric mean of price relatives only

D. Link relatives with shifting base

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Correct Answer: Option D

Explanation:
Chain indices are compiled by linking relative changes (link relatives) where each period is compared with the immediately preceding period.

This question belongs to: Accountancy and Statistics Statistics

Question #3

Vital statistics mainly record:

A. Industrial output

B. Educational data

C. Births, deaths, and marriages

D. Crop production

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Correct Answer: Option C

Explanation:
Vital events include births, deaths, marriages, divorces.

This question belongs to: Accountancy and Statistics Statistics

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