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Sources of data and analysing data

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA MA – FIA FMA › Sources of data and analysing data

  • This topic has 3 replies, 2 voices, and was last updated 3 years ago by John Moffat.
Viewing 4 posts - 1 through 4 (of 4 total)
  • Author
    Posts
  • March 30, 2022 at 3:22 pm #652335
    jermy01
    Participant
    • Topics: 51
    • Replies: 31
    • ☆☆

    1) A company used government-produced data that showed the economy grew by 4.6% in the last year.

    Which of the following describes the data used by the company?

    – Primary and continuous
    – Secondary and discrete
    – Secondary and continuous
    – Primary and discrete

    I think the answer should be **Secondary and continuous**. since 4.6% is a measure, so it’s continuous data.
    please correct me if I’m wrong.

    March 31, 2022 at 7:19 am #652366
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54699
    • ☆☆☆☆☆

    It is secondary. However it is discrete because it is a specific figure and not a range of figures.

    What does the answer in your book say?

    April 1, 2022 at 5:22 am #652472
    jermy01
    Participant
    • Topics: 51
    • Replies: 31
    • ☆☆

    Secondary and continuous, confirm

    April 1, 2022 at 7:35 am #652495
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54699
    • ☆☆☆☆☆

    As I replied before, I would regard it as being secondary and discrete.

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