New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    Someone making the statement, "Before we begin this

    project, we'll have to hire someone to interview people to find out how many people in a 50-mile radius could use our service, what their average income is, and what their occupations are." is preparing to:
    A collect primary data. Correct Answer Incorrect Answer
    B collect internal secondary data Correct Answer Incorrect Answer
    C collect external secondary data. Correct Answer Incorrect Answer
    D perform a sensitivity analysis Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Primary data are those facts and figures, which are new and are collected for the first time for the project at hand.

    Practice Next