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Discuss the Differences Between Primary and Secondary Data, and When

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Essay

Discuss the differences between primary and secondary data, and when each should be used during a research effort.


Definitions:

Hypotheses

Plural of hypothesis; propositions or sets of propositions put forth to explain certain phenomena, subject to verification or falsification through testing.

Forbes 500 List

An annual ranking by Forbes magazine of the 500 largest corporations in the U.S. based on their revenue.

Partial ANOVA Table

A summary table that shows the results of an ANOVA test, including only a subset of the complete information typically presented.

Slope

A measure of the steepness or incline of a line, calculated as the ratio of the vertical change to the horizontal change between two points on the line.

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