What do you understand by Primary Data? What are the various methods of collecting primary data? Also, mention what points to be kept in mind while designing the questionnaire?

                                                                                                                                             

MBA

Quantitative Analysis for Managerial Applications

ASSIGNMENT

 

Course Code: MMPC-005

Assignment Code: MMPC-005/TMA/JULY/2022 

Coverage : All Blocks

3. What do you understand by Primary Data? What are the various methods of collecting primary data? Also, mention what points to be kept in mind while designing the questionnaire?

Primary data refers to data that is collected directly from the source, either through observation or by asking questions. This type of data is original and has not been previously collected, making it particularly valuable for research purposes. Primary data can be collected through various methods, such as surveys, interviews, experiments, and observation. 

Surveys are one of the most common methods of collecting primary data. Surveys can be conducted in various ways, such as through online forms, telephone interviews, face-to-face interviews, or postal mail. Surveys can be structured, where participants are given a set of pre-determined questions, or unstructured, where participants are allowed to respond freely to open-ended questions.

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