CS Professional · Artificial Intelligence, Data Analytics and Cyber Security - Laws and Practice · Data Analytics
A company secretary of a listed company uses a survey run by the company itself among its own shareholders to study satisfaction with investor services. Later, she also uses an industry report published by a trade body. Which description is correct?
The company's own shareholder survey is primary data because it was collected first-hand for the specific purpose, while the trade body report is secondary data because someone else gathered it originally and the secretary merely reuses it.
- ABoth are primary data
- BThe survey is secondary data and the industry report is primary data
- CBoth are secondary data
- DThe survey is primary data and the industry report is secondary dataCorrect
Explanation
Data collected first-hand by the user for the specific purpose is primary data, so the company's own survey qualifies. Data originally gathered by someone else, such as a trade body report, is secondary data when reused. Reversing these roles is the key error.
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