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Discuss a situation for a family funded business. Can be registered under sole proprietor, partnership or company.
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5 stepsAnswer Question 1.
A primary source of data is information collected directly by the researcher for the first time. An interview involves direct interaction to gather new information.
- C. Interview
Answer Question 2.
A secondary source of data is information that has already been collected by someone else and is available for use. A journal (e.g., an academic journal) contains published research and data that has already been compiled.
- D. Journal
Answer Question 3.
Qualitative data describes qualities or characteristics and cannot be measured numerically. Favorite color is a descriptive characteristic.
- C. Favorite color
Answer Question 4.
Discrete data can only take specific, distinct values, often whole numbers, and can be counted. The number of siblings must be a whole number.
- C. Number of siblings
Answer Question 5.
Continuous data can take any value within a given range and is typically measured. The time taken to complete a race can be measured to any level of precision (e.g., seconds, milliseconds).
- D. Time taken to complete a race
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