The main advantage of using secondary data is that it: MCQ with Answer and Explanation

The main advantage of using secondary data is that it:
A. Guarantees higher accuracy than primary data
B. Is always tailored to the researcher's specific needs
C. Saves time and cost compared to primary data collection
D. Eliminates the need for data validation
Answer: Option C
Solution (By JKSSB Mock Tests)
Secondary data is readily available from existing sources, significantly reducing the time, effort, and financial resources required for data collection compared to gathering primary data.

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Practice More Statistics Questions

Question #1
A questionnaire should generally begin with:
A. Leading questions
B. Simple and general questions
C. Sensitive and personal questions
D. Ambiguous questions

Correct Answer: Option B


Explanation:
Starting with simple, non‑threatening questions builds rapport and encourages the respondent to continue.

This question belongs to: Accountancy and Statistics Statistics
Question #2
A 'schedule' is more suitable than a questionnaire when:
A. The researcher wants anonymity
B. The informants are illiterate
C. The budget is very limited
D. The area is widespread

Correct Answer: Option B


Explanation:
Enumerators can assist illiterate respondents, ensuring data collection.

This question belongs to: Accountancy and Statistics Statistics
Question #3
Which of the following is a method of collecting primary data?
A. Extracting data from internet
B. Referring to old records of a company
C. Using published journals
D. Schedules sent through enumerators

Correct Answer: Option D


Explanation:
Schedules filled by enumerators is a primary data collection method; the others are secondary sources.

This question belongs to: Accountancy and Statistics Statistics