Which is a difference between primary and secondary data? MCQ with Answer and Explanation

Question

Share Report Error

Which is a difference between primary and secondary data?

A. Secondary data is more reliable always

B. Primary data is collected for the specific purpose at hand

C. Primary data is cheaper than secondary data

D. Primary data requires less time

Answer: Option B

Solution (By JKSSB Mock Tests)

Primary data is gathered specifically for the study, while secondary data was collected for some other purpose.

This question belongs to: Accountancy and Statistics Statistics

Request complete Subject PDF

Discuss this Question (0)

No comments yet. Be the first to start the discussion!

Practice More Statistics Questions

Question #1

If N = 100, (A) = 60, (B) = 50, what is the condition for attributes A and B to be independent?

A. (AB) = 110

B. (AB) = 30

C. (AB) = 10

D. (AB) = 0

View Answer & Solution Discuss

Get Complete Subject PDF for Accountancy and Statistics

Correct Answer: Option B

Explanation:
Two attributes are independent if (AB) = (A) × (B) / N. Here, (60 × 50) / 100 = 30.

This question belongs to: Accountancy and Statistics Statistics

Question #2

Crude Birth Rate is the number of live births per ______ population in a year.

A. 1000

B. 10,000

C. 100

D. 100,000

View Answer & Solution Discuss

Get Complete Subject PDF for Accountancy and Statistics

Correct Answer: Option A

Explanation:
CBR = (Live births / Mid-year total population) × 1000.

This question belongs to: Accountancy and Statistics Statistics

Question #3

A histogram is used for representing:

A. Qualitative data

B. Continuous frequency distribution

C. Cumulative frequencies

D. Discrete data

View Answer & Solution Discuss

Get Complete Subject PDF for Accountancy and Statistics

Correct Answer: Option B

Explanation:
Histogram is for continuous data, with adjacent bars touching.

This question belongs to: Accountancy and Statistics Statistics

Explore All Statistics MCQs