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Suppose Judy, a Canadian citizen, opens an ice cream store in Bermuda. Which of the following would her expenditures be?
Primary Data
Primary data is original data that is collected directly by the researcher specifically for the purpose of their study, through methods like surveys, interviews, or experiments.
Observational Data
Information collected through directly witnessing or recording physical occurrences and behaviors, without manipulating the environment or subjects.
Primary Data
Information collected directly by researchers through surveys, interviews, or experiments, specifically for their study’s purpose.
Facts And Figures
Quantifiable data and statistical information used to support arguments, make decisions, or present information in a clear and concise manner.
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