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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA MA – FIA FMA › Data and Information
Would be correct if we say that primary data is all the data collected from primary source and secondary data from secondary source? Or it is wrong?
Primary data are data that was collected specifically for the specific purpose (regardless of the source).
Secondary data are data that was collected for some other reason but that we are now using for our purpose.
Thank you.
You are welcome.