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What precaution in the use of …

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What precaution in the use of secondary data

    • Posted by Akshat Rathod 6 years, 3 months ago

    CBSE > Class 11 > Economics
    • 1 answers

    Yogita Ingle 6 years, 3 months ago

    Following are the main precautions to be taken before using secondary data:
    (1) Reliable agency
    • We must ensure the agency that has published the data should be reliable.
    (2) Suitability for the purpose of an enquiry
    • The Investigator must ensure that the data are suitable for the purpose of the present enquiry.
    • The suitability of the data is determined by investigating the nature, objectives, time of collection, etc. of the secondary data.
    (3) Adequacy and accuracy to avoid the impact of bias
    • It is necessary to use adequate data to avoid biases and prejudices leading to incorrect conclusions.
    (4) Method of collecting data used
    • The investigator should also ascertain as to what method was used in collecting the data.
    • Sampling method may be biased depending upon the mode of selection of samples.
    • All these should be ascertained before making use of the secondary data.

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