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      Question

      Two important advantages of secondary data

      are:
      A they are inexpensive and up-to-date Correct Answer Incorrect Answer
      B they are up-to-date and supply all relevant categories of information Correct Answer Incorrect Answer
      C they are usually inexpensive and save time Correct Answer Incorrect Answer
      D they are tailor-made to your specifications and relatively inexpensive Correct Answer Incorrect Answer
      E None of these Correct Answer Incorrect Answer

      Solution

      Two important advantages of secondary data are: (1) the tremendous time savings if the data have already been collected; and (2) the low cost (for example, most census reports are available for only a few dollars each).

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