Which statement describes an advantage of secondary data?

Which statement describes an advantage of secondary data?

• A. expensive and time-consuming
• B. requires specialized equipment
• C. quick and easy to gather
• D. data that is always precise

Answer: (C)

Secondary data has the advantage of being quick and easy to gather because the data already exists and can be accessed from sources like government reports, industry analyses, or previous surveys. This saves time and money since you don’t need to design a new study, collect new responses, or set up equipment. It’s important to check that the data fits the current purpose and is up-to-date, as secondary data can be outdated or less precise. The other descriptions either describe drawbacks or misunderstandings: it's not inherently expensive or require specialized equipment, and it isn’t always precise.

Secondary data has the advantage of being quick and easy to gather because the data already exists and can be accessed from sources like government reports, industry analyses, or previous surveys. This saves time and money since you don’t need to design a new study, collect new responses, or set up equipment. It’s important to check that the data fits the current purpose and is up-to-date, as secondary data can be outdated or less precise. The other descriptions either describe drawbacks or misunderstandings: it's not inherently expensive or require specialized equipment, and it isn’t always precise.