Before using secondary data, one need NOT verify:
Expenditure involved at time of collection of data
When using secondary data, the critical factors to verify are the **reliability**, **suitability**, and **adequacy** of the data. However, the **expenditure involved at the time of collection of data** does not need to be verified, as it pertains more to the primary data collection process.
Similar Questions
Which of the following is NOT true about collecting data through structured interviews?
Which of the following is NOT a good characteristic of a questionnaire?
What is the probability that a number selected randomly from 1 to 500 is a multiple of 3 or 7?
A, B and C are three mutually exclusive and exhaustive events. P(A) = 2P(B) = 6P(C). Find P(B).
The linear trend equation developed for the annual sales Y (in Rs lakhs) of ABC Manufacturing Company is Y = 500 + 6t, where t is in years. By how much are sales increasing per year?
The price index in 2016 is 116 using 2011 as base year. What will be 2011 price index if base year is changed to 2016?
Important Questions from Data Collection Instrument
- Which of the following is not a method of collecting primary data?
In a questionnaire, how many answers should be there for simple alternative questions?
Which of the following is NOT true about collecting data through structured interviews?
Which of the following is NOT a good characteristic of a questionnaire?
What is the probability that a number selected randomly from 1 to 500 is a multiple of 3 or 7?
