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What is the difference between Primary Secondary research?

With primary research, you are collecting data yourself. i.e. if the question was how many red cars drive past in 1 hour you go out and count the cars but if the question is how many people gave up smoking in 2006 you look at the records, you don't ask everyone if they gave up somking in 06. Secondry data is not your own research basically.


Without primary data how you collect secondary data for the research?

you cant


What is the primary tool for short term financial forecasting?

The primary tool for short-term financial forecasting is often the cash flow projection. This tool estimates future cash inflows and outflows over a specific period, typically ranging from a few weeks to a year. By analyzing historical data and current trends, businesses can anticipate their liquidity needs, manage expenses, and make informed decisions regarding investments and operations. Other methods, such as budgeting and variance analysis, can also support short-term forecasting efforts.


Where company used the decision support system?

Companies use decision support system when solving problems or making important decisions. A DSS is used to compile data, knowledge and documents in order to make informed decisions.


What is a data warehouse?

A data warehouse is a centralized pool of data. Data warehouse is basically a repository where large amount of data is stored . The advantage of data warehouse is that we can archive the data that is not used in a long time.

Related Questions

What do scientists do to help them collect data?

reaserch


What does REASERCH mean?

It seems like there is a typo in the word "REASERCH." Assuming you meant "research," it refers to the systematic investigation into a subject to discover facts, theories, or applications. Research involves gathering information, analyzing data, and drawing conclusions to contribute to knowledge and understanding in a particular field.


What is the difference between Primary Secondary research?

With primary research, you are collecting data yourself. i.e. if the question was how many red cars drive past in 1 hour you go out and count the cars but if the question is how many people gave up smoking in 2006 you look at the records, you don't ask everyone if they gave up somking in 06. Secondry data is not your own research basically.


What is the use of computer in reaserch?

Computers are mainly used for complex computations and simulations, but they are also often used for data collection and to analyze large quantities of data.


Primary data secondary data?

primary data structures


What are primary data and secoundary data?

primary data structures


What is secondry memory and example of secondry memory?

Secondary Memory-: is long term storage device which uses the help of input and output channels to access information.The content in it must first be copied into the primary storage (RAM) for CPU to process . It does not lose the data when device is powered off .It is nonvolatile.Eg: Hard Disk(HD),Floppy ,CD.Its Ram-random access memory to the device 3.5 &5.7 .


What is a primary function of the trailer information added by the data link layer encapsulization?

support error detection =)


What is one of the primary objectives that ATRRS provide critical support of?

Centralization of training requirements and resources data


What are the primary functions of measuring instruments?

IT PROVIDES DATA TO SUPPORT STUDENT COUNSELLING


Is the US Constitution primary or secondary data?

it is primary data


What are the primary goals of dbms?

The primary goals of a database management system (DBMS) are to ensure data integrity, enable efficient data retrieval and manipulation, provide data security, and facilitate data consistency and concurrency control. Ultimately, the main objective is to manage and organize data in a structured and controlled manner to support the needs of users and applications.