Which of the following best defines primary data in statistical research? MCQ with Answer and Explanation

Question Report Error
Which of the following best defines primary data in statistical research?
A. Data obtained from historical archives
B. Data published by the government
C. Data extracted from existing research papers
D. Data collected by the investigator originally for the current inquiry
Answer: Option D
Solution (By JKExamLibrary)
Primary data refers to first-hand information collected directly by the researcher for a specific statistical objective.
This question belongs to: Accountancy and Statistics Statistics

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Practice More Statistics Questions

Question #1 Report Error
The crude birth rate in India has declined primarily due to:
A. Increase in migration
B. Increase in death rate
C. Family planning and socio-economic development
D. Decrease in female population
Discuss

Correct Answer: Option C

Explanation:
Awareness, contraception, and rising education have reduced birth rates.
This question belongs to: Accountancy and Statistics Statistics
Question #2 Report Error
The Laspeyres index is criticized because it:
A. Is difficult to compute
B. Uses current period quantities
C. Satisfies time reversal test
D. Does not account for substitution effect
Discuss

Correct Answer: Option D

Explanation:
Laspeyres uses fixed base period weights, ignoring consumer substitution to cheaper goods.
This question belongs to: Accountancy and Statistics Statistics
Question #3 Report Error
The ‘footnote’ of a statistical table is used to:
A. List the units of measurement
B. Provide additional explanation or clarification about specific items
C. State the source of data
D. Give the title of the table
Discuss

Correct Answer: Option B

Explanation:
Footnotes clarify specific cells or data points; the source is typically given separately, and the title is at the top.
This question belongs to: Accountancy and Statistics Statistics
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