Using Data To Make A Difference

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Using Data to Make A Difference

What Is Data ?

What Are Its Types ?

Primary Data VS Secondary Data

Qualitative Data VS Quantitative Data


Data is a collection of facts, such as values or
measurements.

It can be numbers, words, measurements,
observations or even just descriptions of things.

Primary Data And Secondary Data.

Qualitative Data And Quantitative Data.

PRIMARY DATA is data that has not been
previously published.

The data is derived from a new or original
research study and collected at the source.

In marketing, it is information that is obtained
directly from first-hand sources by means of
surveys, observation or experimentation.

Secondary data is the data that have been
already collected by and readily available from
other sources.

Such data are cheaper and more quickly
obtainable than the primary data and also may
be available when primary data can not be
obtained at all.

Answers a specific research question.

Data are current.

Source of data is known.

Secrecy can be maintained.

Data Direct From Population.

Expensive.

Large Volume Of Data.

Time Consuming.

Raw Data.

Huge Volume Of Population.
It Is Economical.

It Saves Efforts And Expenses.

It Is Time Saving.

It Helps To Improve The Understanding Of
The Problem.
Accuracy Of Secondary Data Is Not Known.

Data May Be Outdated.

The Information May Not Be Same As We
Require.
Qualitative methods are ways of collecting data
which are concerned with describing meaning,
rather than with drawing statistical inferences.
Data That Can Be Quantified And Verified,
And Is Amenable To Statistical Manipulation.


The key in business is to know something that
nobody else knows.
Aristotle

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