Class XI Economics: Statistics for Economics - Collection of Data
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1. What is the first step in the process of data collection?
Defining the problem · Choosing the method of data collection · Preparing the questionnaire · Analyzing the data
2. Which method of data collection involves direct interaction with respondents?
Observation · Survey · Experiment · Secondary data
3. What type of data is collected through a census?
Sample data · Primary data · Secondary data · Qualitative data
4. Which of the following is NOT a characteristic of primary data?
Collected for a specific purpose · Original in nature · Readily available · Collected directly from the source
5. What is the main advantage of secondary data?
It is always accurate · It is less time-consuming · It is more detailed · It is more reliable
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