Primary data: Here we generate our own data through our own
data collection process. Thus we can assure the quality of such primary data. It
was discussed yesterday.
Secondary data: When secondary data is used in data
analysis, we are actually using data published from other sources. Here we use
fish that has been fished by somebody else. So we cannot be sure of its quality
and freshness. Especially in developing countries one cannot be sure of the
quality of secondary data. So we use secondary data published from reliable sources.
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