Explore BrainMass

Explore BrainMass

    Five Data Collection Techniques

    This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

    Describe 5 data collection techniques in your own words. Explain why the examination of collected data is important.

    © BrainMass Inc. brainmass.com June 3, 2020, 10:24 pm ad1c9bdddf
    https://brainmass.com/statistics/data-collection/data-collection-228926

    Solution Preview

    I just need to know different types of data collecting techniques and their description

    describe 5 data collection techniques in your own words. be sure to cite any sources you used.
    explain why the examination of collected data is so important

    Solution:
    There are two methods for collecting data .it can be classified into two categories qualitative and quantitative.
    Qualitative research - usually used for exploratory purposes - examples include focus groups, in-depth interviews, and projective techniques
    Quantitative research - usually used to draw conclusions - examples include surveys and questionnaires

    Methods of collecting primary data:
    Much of the information available internally or obtained through external sources is either generated on the basis of day-to -day activities of the business or in case of external data it may be related to the general economic environment. But, sometimes, the decision making in an organization involves information about future or future trends in the behavior of variables. In information about future or future trends in the behavior of variables. In such case, it is better to collect the information directly for the relevant aspects.

    a) Personal ...

    Solution Summary

    The posting describes five data collection techniques. The expert explains why the examination of collected data is important.

    $2.19

    ADVERTISEMENT