Primary Data Is

question 70

Multiple Choice

Primary data is:

• A)data that has been collected by the private sector.
• B)data collected by the government.
• C)original information collected by the entrepreneur.
• D)data that is hard to finD.

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Definitions:

System II

Often referred to in the context of dual-process theories of reasoning, System II is the analytical and reflective thought process that requires conscious effort.

Unconscious Processing

Mental processes that occur without conscious awareness or intention, influencing perceptions, thoughts, and behaviors.

Confirmation Bias

The tendency to search for, interpret, and remember information in a way that confirms one's preconceptions, leading to statistical errors.

System I

A term often used to describe intuitive, fast, and automatic thinking processes, as opposed to more deliberate and analytical decision-making.