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INDU.TDRISHTIMONIKA

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SECONDARY DATA

Secondary data means data that are alreadyavailable i.e., researchers refer to data which have alreadybeen collected and analyzed by someone else.

It is collected from primary data which can beused in current research study.

It takes less time to collect it and more information can begathered.

In order to utilizes secondary data, the researcherhas to look in to various sources from where he can obtain

them.

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1.It is economical. It saves efforts and expenses.2.It is time saving.

3.It helps to make primary data collection morespecific since with the help of secondary data,

we are able to make out what are the gaps anddeficiencies and what additional informationneeds to be collected.

4.It helps to improve the understanding of theproblem.

5.It provides a basis for comparison for the datathat is collected by the researcher.

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1.Accuracy of secondary data is not known.

2.Data may be outdated

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PUBLISHED DATA :

Various publication of the central , state andlocal government.

Various publication of foreign government orinternational bodies.

Technical and trade journals.

Book, magazines and newspaper.

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Reports and publication of various associationrelated to business, industry,bank,etc.

Reports prepared by research scholar and

universities etc. Public records and statistics , historical

documents , and other sources of publicinformation.

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UNPUBLISHED DATA :

In diaries , letters , unpublished biographiesand autobiographies and also may be available

with scholars and research workers , tradeassociation , labour bureaus and otherpublic/pvt individuals and organizations.

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Reliability :

Data reliability can be tested byanswering the question who , what, why, where.

Suitability :It should meet the requirements of the

problem.

Adequacy:

If the level of accuracy of the data isinadequate for the purpose of the enquiry , itshould not be considered.

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1) Nature, scope and object of enquiry :The purpose for which

the data were collected. 2)Availability of funds :

Finance is a big constraint in practice. Iffunds are limited , researcher will have to select acheaper method which may not be efficient.

3)Time factor :The time duration taken to collect data is

also must. 4)Precision required :

how accurate the data

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Each method of data collection has its uses andnon is superior in all cases.

The most desirable approach with regard to theselection of the method depends on the natureof the particular problem and on the time andresources available in the desired degree ofaccuracy.

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