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Economics > Collection of Data-Chapter 2 > Flashcards

Collection of Data-Chapter 2 Flashcards

1
Q

What is the purpose of collection of data?

A

The purpose is to collect evidence for reaching a sound and clear solution to a problem

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2
Q

What is a variable?

A

The observed values that can change over time/Values that vary from year to year

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3
Q

What is an observation?

A

The values of variables

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4
Q

What is a tool that helps in understanding problems by providing information?

A

Data

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5
Q

What are the 2 types of source of collection of data?

A

Primary and Secondary data

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6
Q

Are FIRs and live news primary or secondary data?

A

Primary data

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7
Q

Give an example of a secondary data

A

Newspapers, articles, journals, school data base

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8
Q

Can primary data become secondary data?

A

Yes

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9
Q

The person who collects the data on behalf of the researcher

A

Enumerator

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10
Q

Why do enumerators collect data

A

For conducting an enquiry

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11
Q

First hand information

A

Primary data

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12
Q

Second hand information

A

Secondary data

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13
Q

Data from an already existing source

A

Secondary data

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14
Q

Two types of secondary data

A

Published data and Non-published data

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15
Q

Data that has been scrutinized and tabulated

A

Secondary data

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16
Q

Investigator makes a list of marks obtained by students in economics of class XI by interrogating them

A

Primary data

17
Q

Data that requires great precaution and care

A

Secondary data

18
Q

A set of questions to be asked while conducting a survey

A

Questionnaire

19
Q

Who is responsible for conducting a questionnaire ?

A

Investigator/Enumerator

20
Q

Basic data is collected by conducting a ___________

A

Survey

21
Q

What is a method of gathering information from individuals

A

Survey

22
Q

Most common type of instrument used in surveys

A

Questionnaire/Interview schedule

23
Q

Two ways a questionnaire is administered

A

Self administered by the respondent or administered by the researcher/enumerator/trained investigator

24
Q

10 pts to remember while preparing a questionnaire

A
  1. not too long
  2. easy to understand
  3. arranged in an order
  4. general to specific
  5. precise and clear
  6. no ambiguous questions
  7. no double negatives
  8. no leading questions
  9. no alternatives to the answer
  10. close ended and open ended qns
25
Q

Methods/Mode of data collection

A
  1. Personal Interview
  2. Mailing(Questionnaire) Survey
  3. Telephonic Interview
26
Q

Two types of personal interview

A

Direct and Indirect

27
Q

Face to face interviews

A

Personal Interview

28
Q

Advantages of Personal Interview(5)

A
  1. Highest response rate
  2. Allows use of all types of qns
  3. Better for using open ended qns
  4. Allows clarification of ambiguous qns
  5. Facial reactions can be observed
29
Q

Disadvantages of Personal Interview (4)

A
  1. Most expensive
  2. Possibility of influencing respondents
  3. More time consuming
  4. Cannot reach remote areas
30
Q

Advantages of Mailing Survey (5)

A
  1. Less expensive
  2. Only method to reach remote areas
  3. No influence of respondents
  4. Maintains anonymity on respondents
  5. Best for sensitive questions
31
Q

Disadvantages of Mailing Survey (4)

A
  1. Cannot be used by illiterates
  2. Long response time
  3. Does not allow explanation of unambiguous questions
  4. Facial reactions cannot be observed
32
Q

Advantages of telephonic interview (3)

A
  1. Relatively low cost
  2. Relatively less influence on respondents
  3. Relatively high response rate
33
Q

Disadvantages of telephonic interview (3)

A
  1. Limited use
  2. Reactions cannot be watched
  3. Possibility of influencing respondents
34
Q

Pilot survey or

A

Pre testing questionnaire

35
Q

Population or

A

Universe

36
Q

Totality of the items under study

A

Population(Universe)

37
Q

A survey which covers every element of the population

A

Census survey/Complete Enumeration

Economics (3 decks)

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