Even Though Primary Data Can Be Especially Valuable to an Individual

question 103

Multiple Choice

Even though primary data can be especially valuable to an individual firm,secondary data is often used because

• A)secondary data are much more up-to-date and tailored to a specific firm or industry.
• B)secondary data,although far more expensive,are also much more reliable.
• C)primary data are usually more costly and time consuming to collect.
• D)primary data can be accessed by virtually anyone so the information generated loses much of its value.
• E)primary data are less fact and figure based;they are more subjective and therefore more vulnerable to misinterpretation.

Grasp Erikson's psychosocial stages, specifically the crisis of identity versus identity confusion in adolescence.

Identify the factors influencing identity formation, including race, ethnicity, and gender.

Understand the importance of cultural and familial traditions in identity and socialization.

Comprehend current research on sexual orientation and its origins.

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Definitions:

Axis

A reference line used in graphs and charts to indicate values of variables.

Stem-and-Leaf Display

A graphical method of displaying quantitative data to show its shape and distribution, combining aspects of a histogram and scatter plot.

Data Set

A collection of data points or values related to a subject.

Leaf

In the context of data representation, a part of a stem-and-leaf plot representing the smallest significant digit of data points.