Difference between primary data and secondary data

Primary Data

1. Primary data are always original as it is collected by the investigator.

2. Suitability of the primary data will be positive because it has been systematically collected.

3. Primary data are expensive and time consuming.

4. Extra precautions are not required.

5. Primary data are in the shape of raw material.

6. Possibility of personal prejudice.

Secondary Data

1. Secondary data lacks originality. The investigator makes use of the data collected by other agencies.

2. Secondary data may or may not suit the objects of enquiry.

3. Secondary data are relatively cheaper.

4. It is used with great care and caution.

5. Secondary data are usually in the shape of readymade products.

6. Possibility of lesser degree of personal prejudice.

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PRIMARY DATA:

Primary data refers to data being collected or obtained from a first-hand experience.Primary data can be received first hand from things like interviews where a person collecting the data sits face to face with the respondent

SECONDARY DATA

Secondary data refers to data gathered in the past or obtained from other party.

.Secondary data can be obtained from things like a journal and newspaper amongst others.

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