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distinguish between primary and secondary data?

The difference between Primary Data and Secondary Data has been covered in the study material provided on our site. Follow the below link to reach the lesson. You can also go through the related video, which will help you to understand the concept more clearly.

http://cbse.meritnation.com/cbse-economics-statistics-for-economics/collection-of-data/443/2494/studymaterials.html#6417

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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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