Which of the Following Is True with Regard to Gathering

question 104

Multiple Choice

Which of the following is true with regard to gathering secondary data?

• A) Gathering secondary data involves costly fees to government agencies.
• B) Commercial online databases contain primary rather than secondary data.
• C) Internet search engines can be useful sources of relevant secondary data.
• D) It is illegal for firms to purchase secondary data from outside suppliers.
• E) Secondary data eliminates the need for primary data in most cases.

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Definitions:

Perceptual Errors

Mistakes or inaccuracies in the way individuals interpret or understand information, events, or the environment, often due to cognitive biases or misinterpretations.

Halo Effect

A cognitive bias in which one's overall impression of a person influences one's feelings and thoughts about that person's character.

Similarity Error

A bias in decision making or evaluation, where individuals are judged more favorably because they share similarities with the evaluator.

Perceptual Error

A cognitive mistake that occurs when someone misinterprets sensory information or makes incorrect judgments about a scenario or individual.