Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Mar 15, 2024

Describe the main differences between primary data and secondary data. (b) Explain TWO (2) methods to collect primary and secondary data.

Describe the main differences between primary data and secondary data.

(b) Explain TWO (2) methods to collect primary and secondary data.

Step by Step Solution

★★★★★

3.39 Rating (152 Votes )

There are 3 Steps involved in it

Step: 1

a Main Differences between Primary Data and Secondary Data 1 Nature and Source Primary Data Primary data refers to data that is collected firsthand by the researcher directly from the source It is ori... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Managerial Accounting

Authors: Ronald W Hilton

7th Edition

0073022853, 978-0073022857

More Books

Students also viewed these General Management questions

Question

Q1. You have identified a market opportunity for home media players that would cater for older members of the population. Many older people have difficulty in understanding the operating principles...

Answered: 1 week ago

Question

s sf Define the terms opaque type and concrete type. [5 marks] The following is a shortened version of one of the definition modules described in the Modula-2 user manual: Provide a suitable...

Answered: 1 week ago

Question

QUIZ... Let D be a poset and let f : D D be a monotone function. (i) Give the definition of the least pre-fixed point, fix (f), of f. Show that fix (f) is a fixed point of f. [5 marks] (ii) Show that...

Answered: 1 week ago

Question

★★★★★

Dew Company employs standard costing and applies overhead based upon machine labor hours. Monthly production is scheduled at 500 units. Standard and actual data for the month is as follows: Standards...

Answered: 1 week ago

Question

★★★★★

Smithston Corporation leased equipment to Dayplanner Co. on January 1, 2013. The terms of the lease called for annual lease payments to be made at the first of each year. Smithston's implicit...

Answered: 1 week ago

Question

★★★★★

For an upcoming team presentation, brainstorm a list of questions you might receive. Then, practice your presentation and interrupt each other with the most challenging questions. After each, pause...

Answered: 1 week ago

Question

★★★★★

1.62 Old Faithful The following data are the waiting times between eruptions of the Old Faithful geyser in Yellowstone National Park. 24 Use one of the graphical methods from this chapter to describe...

Answered: 1 week ago

Question

★★★★★

On March 31, 2014, Kornet Investments paid $4,480,000 for a tract of land and two buildings on it. The plan was to demolish Building 1 and build a new store (Building 3) in its place. Building 2 was...

Answered: 1 week ago

Question

★★★★★

What method is used to sort the index? Question 2 1 options: sort _ index ( ) rearrange _ index ( ) sorted ( ) sort ( )

Answered: 1 week ago

Question

★★★★★

The city of Oak Ridge is evaluating three mutually exclusive landscaping plans for refurbishing a public greenway. Benefits to the community have been estimated by a landscaping committee, and the...

Answered: 1 week ago

Question

★★★★★

Analyze the specific problem the change in the by-law was meant to solve. Report if you believe this change is a long-term solution to the problem. Pre-Participation Documentation Requirements for...

Answered: 1 week ago

Question

★★★★★

How is data analytics being used to enhance food and beverage services in the hospitality industry, particularly in fine dining establishments? please provide a citation

Answered: 1 week ago

Question

★★★★★

Mini-Case: Watch Out All Retailers, Here Comes Amazon; Watch Out Amazon, Here Comes Other Competitors Amazon's sales in 2014 were $88.99 billion, an increase of 19.4 percent over 2013. In fact, its...

Answered: 1 week ago

Question

★★★★★

In particular What did Dr. Balanoff and other researchers discover about the size of the dinosaur cerebrum in non-bird dinosaurs closely related to birds?

Answered: 1 week ago

Question

★★★★★

1. Consider the output of a paper mill: the product appears at the end of a web and is rolled onto a spool called a reel. Every reel is examined for the number of blemishes, which are imperfections....

Answered: 1 week ago

Question

★★★★★

provide the step-by-step calculations for this question: Rod BD is made of steel ( E = 29 10 6 psi) and is used to brace the axially compressed member ABC . The maximum force that can be developed in...

Answered: 1 week ago

Question

★★★★★

Exercise 7-32 (Algo) Prorate Over-or Underapplied Overhead (LO 7-3) Yarra Fabrication estimates that its manufacturing overhead will be $2,291,200 in year 1. It further estimates that direct material...

Answered: 1 week ago

Question

★★★★★

State whether each statement is true or false. If false, give a reason. {purple, green, yellow} = {green, pink, yellow}

Answered: 1 week ago

Question

★★★★★

Stellar Sound, Inc. which uses a job-order costing system had two jobs in process at the start of 20x 1: job no. 64 ($84,000) and job no. 65 ($53,500). The following information is available: a. The...

Answered: 1 week ago

Question

★★★★★

What is meant by the following statement? Managerial accounting often serves an attention- directing role.

Answered: 1 week ago

Question

★★★★★

Refer to the data given in Problem for Celestial Artistry Company. Required: 1. Use the reciprocal-services method to allocate service department costs. Calculate the overhead rates per direct-labor...

Answered: 1 week ago

Question

★★★★★

30. Consider the hypotheses Hq:h = 10 and Hi.y. = 12, where r is the mean of a normally distributed population with variance 1. The prior distribution is diffuse (take a normal distribution with N' =...

Answered: 1 week ago

Question

★★★★★

21. Comment on the following statement: In taking the sample mean as an estimator of the population mean, the statistician is acting essentially as though he had a quadratic loss function. Explain...

Answered: 1 week ago

Question

★★★★★

23. If a statistician wishes to estimate a parameter d subject to a loss function which is linear with k0 = 2kU) and his distribution of 6 is an exponential distribution with X = 4, what is the...

Answered: 1 week ago

Previous Question Next Question