lesson 4

Question 1

Primary data source

Answer 1

Data generated based on a testable question

Question 2

Secondary data source

Answer 2

Data used from a source which generated it for another purpose

Question 3

Microdata

Answer 3

Statistics which are separated by individual or group

Question 4

Aggergate data

Answer 4

Data which has been pooled so that individuals are not distinguishable

Question 5

Price index

Answer 5

Measurement of the change in cost over time of an item