what are the advantage and disadvantage of primary data?
312959
It doesn't take so much time and most of the secondary data sources can be accessed for free. The disadvantage of primary data is the cost and time spent on data collection while secondary data may be outdated or irrelevant.
287894
['#1. Risk of data confidentiality. There is always a risk that user data can be accessed by other people. ... ', '#2. Depends on internet connection. ... ', '#3. The level of security. ... ', '#4. Compliance. ... ', '#5. Vulnerable in the event of an attack. ... ', '#6. Data Mobility. ... ', '#7. Technical problem. ... ', '#8. Low Connection.']
991522
There are two sources of data. Primary data collection uses surveys, experiments or direct observations. Secondary data collection may be conducted by collecting information from a diverse source of documents or electronically stored information.
1255698
['Prone to data entry errors.', 'Version control issues.', 'Difficulty in devising accurate formulations.']
79575
Some common advantages of primary data are its authenticity, specific nature, and up to date information while secondary data is very cheap and not time-consuming. Primary data is very reliable because it is usually objective and collected directly from the original source.
167659
Answer and Explanation: One advantage that a primary source has over a secondary source is that it was created when the event was fresh in the person's mind.
902353
"Perhaps the major disadvantage is the processing and data overhead. There is processing overhead because as many as seven modules (OSI model) are invoked to move data from the application through the communications software. There is data overhead because of the appending of multiple headers to the data.
544459
Primary data is a type of data that is collected by researchers directly from main sources through interviews, surveys, experiments, etc. Primary data are usually collected from the source—where the data originally originates from and are regarded as the best kind of data in research.
1204743
['PROS of Data Warehousing.', '– Speedy Data Retrieving. How many times have you had a piece of information that you wanted to retrieve, but forgot where it was placed? ... ', '– Error Identification & Correction. ... ', '– Easy Integration. ... ', 'CONS of Data Warehousing.', '– Time Consuming Preparation. ... ', '– Difficulty in Compatibility. ... ', '– Maintenance Costs.']
767860
An advantage of using primary data is that researchers are collecting information for the specific purposes of their study. In essence, the questions the researchers ask are tailored to elicit the data that will help them with their study.
1255384
Advantages of Producing Primary Products For many developing economies, their main comparative advantage will be in producing primary products. The industry becomes an important source of economic growth, employment, tax revenue and export earnings. Without primary products, countries would be worse off.
691633
['Advantage: Fast Client Communication. ... ', 'Advantage: Availability and Portability. ... ', 'Advantage: Reduces Shipping and Mailing Costs. ... ', 'Disadvantage: Vulnerability to Loss. ... ', 'Disadvantage: Accessible to Others.']
47027
Disadvantages of Secondary Data Analysis A major disadvantage of using secondary data is that it may not answer the researcher's specific research questions or contain specific information that the researcher would like to have.
1069009
['Unorganized data. Big data is highly versatile. ... ', 'Data storage and retention. This is one of the most obvious risks associated with big data. ... ', 'Cost management. The process of storing, archiving, analyzing, reporting and managing big data involves costs. ... ', 'Incompetent analytics. ... ', 'Data privacy.']
506836
["1) Poor Organization. If you're not able to easily search through your data, you'll find that it becomes significantly more difficult to make use of. ... ", '2) Too Much Data. ... ', '3) Inconsistent Data. ... ', '4) Poor Data Security. ... ', '5) Poorly Defined Data. ... ', '6) Incorrect Data. ... ', '7) Poor Data Recovery.']
1403487
Disadvantages: Some primary sources, such as eyewitness accounts, may be too close to the subject, lacking a critical distance. Others, such as interviews, surveys, and experiments, are time consuming to prepare, administer, and analyze.
1108440
An example of primary data is the national census data collected by the government while an example of secondary data is the data collected from online sources. The secondary data collected from an online source could be the primary data collected by another researcher.