Which of the Following Statements Best Describes Primary Data

question 43

Multiple Choice

Which of the following statements best describes primary data?

• A) Data collected by an organization specifically for the research problem under investigation
• B) Data that has previously been collected for other purposes but can be used for the problem at hand
• C) Data provided by the government, such as U.S. census data
• D) Data collected through government reports or syndicated data providers

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Definitions:

Adam Smith

An 18th-century Scottish economist and philosopher, best known for his theories on free market economics detailed in "The Wealth of Nations."

Wealth Of Nations

A seminal book by Adam Smith that discusses what builds nations' wealth, often considered the foundation of modern economic theory.

Digital Video Camera

An electronic device that records video in a digital format, allowing for easy storage, editing, and playback on various digital devices.