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What Techniques Are Used in Collecting Primary Data? Give Examples

question 77

Essay

What techniques are used in collecting primary data? Give examples to support the answer.


Definitions:

Rate of Return

The percentage of profit or loss on an investment relative to its cost, indicative of its financial performance over a period.

Equivalent Value

The worth of one item or service in terms of another, indicating how much of one thing is considered equal in value to another.

Rate of Return

The percentage of profit or loss on an investment over a specified period, reflecting the efficiency of investing capital.

Compounded Quarterly

The practice of adding interest to the principal sum of a deposit or loan on a quarterly basis, thereby earning interest on interest.

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