Exercises · Q4
Q.What is secondary data? State its main published and unpublished sources, and the precautions to be taken before using it.
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Start your 14-day free trial to unlock the full solution →Secondary data is data that has already been collected by someone else for an earlier purpose and is now re-used by the present investigator.
Published sources (printed and publicly available):
- Official government publications — statistical agency reports, the census, departmental reports (agriculture, industry, labour, finance).
- Semi-official and international publications — central-bank and international-agency reports.
- Reports of committees and commissions appointed to enquire into specific problems.
- Publications of trade associations, chambers of commerce, research institutions and universities.
- Journals, newspapers and periodicals carrying regular economic and business data.
Unpublished sources (held in records, not printed for the public):
- The internal records and files of businesses and offices — sales, purchase, cost, personnel records.
- Records of government departments and research workers not released as publications.
Precautions before use — because it was collected for another purpose, secondary data must be scrutinised for its:
- Suitability — does it match the present enquiry's definitions, units, coverage and period?
- Reliability — who collected it, by what method and with what accuracy? Is the source dependable and unbiased? …
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