If a Researcher Is Using Data That Are Low in Cost

question 49

Multiple Choice

If a researcher is using data that are low in cost and save time, which type of data is this likely to be?

• A) questionnaire data
• B) mined data
• C) secondary data
• D) patented data
• E) observational data

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Definitions:

Nonprofit Food Bank

An organization dedicated to collecting, storing, and distributing food to those in need without profit.

Daily Basis

Refers to activities or transactions that occur every day as a regular part of an operation or process.

Retail Store

A physical location where consumers can purchase goods or services directly from a business.

Market Segments

The process of dividing a target market into smaller, more defined categories of consumers who share similar characteristics and needs.