Discuss two advantages and two disadvantages of using primary data.
What will be an ideal response?
There are several advantages and disadvantages, and students can discuss any two for each:
ADVANTAGES OF PRIMARY DATA: (1) they will answer a specific research question that cannot be answered by secondary data, (2) the data are current, (3) the source is known to the researcher, (4) the methodology is specified and controlled by the researcher, and (5) the information is proprietary.
DISADVANTAGES OF PRIMARY DATA: (1) expense, (2) time consumption, and (3) possible lowered quality of data collection to save money.
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Employers use ________ tests to measure a variety of attributes involved in acquiring, processing, analyzing, using, and remembering information
A) integrity B) personality C) job skills D) mental capacity E) cognitive
A _____ can connect dissimilar networks and can be programmed to also act as a firewall to filter communications.
A. switch B. router C. repeater D. modem
Apparel manufacturers send overruns and factory seconds to ________, while they send new merchandise to department stores
A) convenience stores B) discount stores C) off-price retailers D) supermarkets E) superstores
Narrative 11-2Solve the following problems using either Tables 11-1 or 11-2 from your text. When necessary, create new table factors. (Round new table factors to five decimal places, round dollars to the nearest cent and percents to the nearest hundredth of a percent) You invest $5,000 at 9% interest, compounded annually, for 18 years. Use the compound interest formula to calculate the compound amount for your investment.
What will be an ideal response?