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Chapter 16 of 25
Flashcards

Collection of Data

ICSE · Class 11 · Economics

Flashcards for Collection of Data — ICSE Class 11 Economics. Quick Q&A cards covering key concepts, definitions, and formulas.

65 questions38 flashcards5 concepts

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38 Flashcards
Card 1Primary and Secondary Data

What are primary data?

Answer

Primary data are original, first-hand data collected by the investigator for the first time for a specified purpose. They are fresh data and are collected directly from the source.

Card 2Primary and Secondary Data

What are secondary data?

Answer

Secondary data are data collected by someone else and used by another person. They are already existing data and are also called second-hand information.

Card 3Primary and Secondary Data

Why can the same data be primary in one case and secondary in another?

Answer

Data are primary to the person or institution that collects them first. The same data become secondary when they are used later by another person or investigator. The classification depends on who is

Card 4Primary vs Secondary Data

Compare primary data and secondary data.

Answer

Primary data are collected originally for a specific purpose, so they are fresh and first-hand. Secondary data are already collected by someone else and reused later. Primary data take more time and m

Card 5Choice Between Data Types

When is secondary data usually preferred?

Answer

Secondary data are usually preferred when they are suitable, adequate, and reliable for the purpose of the enquiry. They are also preferred when time and money are limited and when primary data are no

Card 6Methods of Collecting Primary Data

What are the five methods of collecting primary data?

Answer

The five methods are direct personal investigation, indirect oral investigation, information through correspondents, information through mailed questionnaire, and questionnaire through personal interv

Card 7Methods of Collecting Primary Data

What is direct personal investigation?

Answer

Direct personal investigation is a method of collecting primary data in which the investigator personally contacts the informants and asks questions related to the enquiry. It is useful when accurate

Card 8Methods of Collecting Primary Data

Why is direct personal investigation useful, and what is one major limitation?

Answer

It is useful because the investigator can remove doubts, ask flexible questions, and usually obtain reliable and accurate information. One major limitation is that it becomes difficult and costly when

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What are the important topics in Collection of Data for ICSE Class 11 Economics?
Collection of Data covers several key topics that are frequently asked in ICSE Class 11 board exams. Focus on the core concepts listed on this page and practise related questions to build confidence.
How to score full marks in Collection of Data — ICSE Class 11 Economics?
Understand the core concepts first, then work through the 65 practice questions available for this chapter. Revise formulas and definitions regularly, and use flashcards for quick recall before the exam.
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There are 38 flashcards for Collection of Data covering key definitions, formulas, and concepts. Use them daily for 10–15 minutes for best results.

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