Secondary Data Rarely Fit Perfectly the Researcher's Particular Problem

question 48

Multiple Choice

Secondary data rarely fit perfectly the researcher's particular problem.The most important source(s) of lack of fit is(are)

• A)out-of-date statistics,differences in units of measurement,differences in class boundaries.
• B)differences in units of measurement,theories of measurement,and class boundaries.
• C)differences in evaluations of what is important.
• D)the volume of data provided is too large.
• E)differences in collection method and research design.

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Definitions:

Risk Profile

An evaluation of an individual's or organization's willingness to take risks, as well as their financial capacity to bear risk.

Financial Risk

The potential for financial losses due to factors affecting an entire market or security, including market risk, credit risk, and liquidity risk.

Price Fluctuations

Variations in the prices of goods and services over time, which can be influenced by factors like supply and demand, inflation, and market sentiment.

Economic Fundamentals

The core factors that influence the health and direction of an economy, including inflation, unemployment, and gross domestic product (GDP).