MP Board · Class 11 · Economics · Collection of DataWhat is the primary source of data called when it is collected for the first time by the investigator?
Step-by-Step Solution
Primary data refers to the data collected for the first time by the investigator himself or herself. It is original in character and is collected for a specific research objective.
Detailed Options Breakdown
Option : Secondary data
Incorrect choice. This distractor represents a common misunderstanding of the core principles of Collection of Data.
Option 1: Primary data (Correct Answer)
Correct choice. Refer to the step-by-step verified solution guidelines above for details.
Option 2: Internal data
Incorrect choice. This distractor represents a common misunderstanding of the core principles of Collection of Data.
Option 3: Published data
Incorrect choice. This distractor represents a common misunderstanding of the core principles of Collection of Data.
💡 Study Guide: This question tests core syllabus concepts from Collection of Data. For formulas, key summaries, and mock exam reference guides, read the full Collection of Data Revision Notes.