(a) To find: Whether the provided data is secondary or primary. If secondary, explain whether it is external or internal

Question

Want to see more full solutions like this?

Answer 1

Question

Chapter 4, Problem 4.50CE

To determine

(a)

To find:

Whether the provided data is secondary or primary. If secondary, explain whether it is external or internal

Expert Solution

Answer to Problem 4.50CE

Primary data.

Explanation of Solution

Given:

The data is, "A survey is conducted by Sonic's research department to find their customer's satisfaction with the service provided by the agency".

The provided data is a primary data because the survey is being conducted by the company itself to check the satisfaction level of its customers. Thus, the data is primary data.

To determine

(b)

To find:

Whether the provided data is secondary or primary. If secondary, explain whether it is external or internal.

Expert Solution

Answer to Problem 4.50CE

Secondary and internal.

Explanation of Solution

Given:

The provided data is, "The Florida Bureau of Tourism sends travel agencies across the nation the results of a study describing the characteristics of winter vacationers to the state, including where and how long people tended to stay".

The provided data is a secondary data because it has been collected by The Florida Bureau of Tourism to check the satisfaction level of Sonic's Travel Agency. Since, the data has been collected by an outside company. Thus, it is an external secondary data.

To determine

(c)

To find:

Whether the provided data is secondary or primary. If secondary, explain whether it is external or internal

Expert Solution

Answer to Problem 4.50CE

Primary data.

Explanation of Solution

Given:

The data is, "The Company's annual report for the past 10 years is examined by the president of the Sonic.

The provided data is a secondary data because the examination of annual report is being done by the president to tackle the problem. Since, it has been collected to tackle the inside problem of agency. Thus, it is an internal secondary data.

Want to see more full solutions like this?

Subscribe now to access step-by-step solutions to millions of textbook problems written by subject matter experts!

Students have asked these similar questions

(b) In various places in this module, data on the silver content of coins minted in the reign of the twelfth-century Byzantine king Manuel I Comnenus have been considered. The full dataset is in the Minitab file coins.mwx. The dataset includes, among others, the values of the silver content of nine coins from the first coinage (variable Coin1) and seven from the fourth coinage (variable Coin4) which was produced a number of years later. (For the purposes of this question, you can ignore the variables Coin2 and Coin3.) In particular, in Activity 8 and Exercise 2 of Computer Book B, it was argued that the silver contents in both the first and the fourth coinages can be assumed to be normally distributed. The question of interest is whether there were differences in the silver content of coins minted early and late in Manuel’s reign. You are about to investigate this question using a two-sample t-interval. (i) Using Minitab, find either the sample standard deviations of the two variables…

Homework Let X1, X2, Xn be a random sample from f(x;0) where f(x; 0) = (-), 0 < x < ∞,0 € R Using Basu's theorem, show that Y = min{X} and Z =Σ(XY) are indep. -

Homework Let X1, X2, Xn be a random sample from f(x; 0) where f(x; 0) = e−(2-0), 0 < x < ∞,0 € R Using Basu's theorem, show that Y = min{X} and Z =Σ(XY) are indep.

Answer 2

Question

Chapter 4, Problem 4.50CE

To determine

(a)

To find:

Whether the provided data is secondary or primary. If secondary, explain whether it is external or internal

Expert Solution

Answer to Problem 4.50CE

Primary data.

Explanation of Solution

Given:

The data is, "A survey is conducted by Sonic's research department to find their customer's satisfaction with the service provided by the agency".

The provided data is a primary data because the survey is being conducted by the company itself to check the satisfaction level of its customers. Thus, the data is primary data.

To determine

(b)

To find:

Whether the provided data is secondary or primary. If secondary, explain whether it is external or internal.

Expert Solution

Answer to Problem 4.50CE

Secondary and internal.

Explanation of Solution

Given:

The provided data is, "The Florida Bureau of Tourism sends travel agencies across the nation the results of a study describing the characteristics of winter vacationers to the state, including where and how long people tended to stay".

The provided data is a secondary data because it has been collected by The Florida Bureau of Tourism to check the satisfaction level of Sonic's Travel Agency. Since, the data has been collected by an outside company. Thus, it is an external secondary data.

To determine

(c)

To find:

Whether the provided data is secondary or primary. If secondary, explain whether it is external or internal

Expert Solution

Answer to Problem 4.50CE

Primary data.

Explanation of Solution

Given:

The data is, "The Company's annual report for the past 10 years is examined by the president of the Sonic.

The provided data is a secondary data because the examination of annual report is being done by the president to tackle the problem. Since, it has been collected to tackle the inside problem of agency. Thus, it is an internal secondary data.

Want to see more full solutions like this?

Subscribe now to access step-by-step solutions to millions of textbook problems written by subject matter experts!

Answer 3

Question

Chapter 4, Problem 4.50CE

To determine

(a)

To find:

Whether the provided data is secondary or primary. If secondary, explain whether it is external or internal

Expert Solution

Answer to Problem 4.50CE

Primary data.

Explanation of Solution

Given:

The data is, "A survey is conducted by Sonic's research department to find their customer's satisfaction with the service provided by the agency".

The provided data is a primary data because the survey is being conducted by the company itself to check the satisfaction level of its customers. Thus, the data is primary data.

To determine

(b)

To find:

Whether the provided data is secondary or primary. If secondary, explain whether it is external or internal.

Expert Solution

Answer to Problem 4.50CE

Secondary and internal.

Explanation of Solution

Given:

The provided data is, "The Florida Bureau of Tourism sends travel agencies across the nation the results of a study describing the characteristics of winter vacationers to the state, including where and how long people tended to stay".

The provided data is a secondary data because it has been collected by The Florida Bureau of Tourism to check the satisfaction level of Sonic's Travel Agency. Since, the data has been collected by an outside company. Thus, it is an external secondary data.

To determine

(c)

To find:

Whether the provided data is secondary or primary. If secondary, explain whether it is external or internal

Expert Solution

Answer to Problem 4.50CE

Primary data.

Explanation of Solution

Given:

The data is, "The Company's annual report for the past 10 years is examined by the president of the Sonic.

The provided data is a secondary data because the examination of annual report is being done by the president to tackle the problem. Since, it has been collected to tackle the inside problem of agency. Thus, it is an internal secondary data.

Want to see more full solutions like this?

Subscribe now to access step-by-step solutions to millions of textbook problems written by subject matter experts!

Answer 4

Question

Chapter 4, Problem 4.50CE

To determine

(a)

To find:

Whether the provided data is secondary or primary. If secondary, explain whether it is external or internal

Expert Solution

Answer to Problem 4.50CE

Primary data.

Explanation of Solution

Given:

The data is, "A survey is conducted by Sonic's research department to find their customer's satisfaction with the service provided by the agency".

The provided data is a primary data because the survey is being conducted by the company itself to check the satisfaction level of its customers. Thus, the data is primary data.

To determine

(b)

To find:

Whether the provided data is secondary or primary. If secondary, explain whether it is external or internal.

Expert Solution

Answer to Problem 4.50CE

Secondary and internal.

Explanation of Solution

Given:

The provided data is, "The Florida Bureau of Tourism sends travel agencies across the nation the results of a study describing the characteristics of winter vacationers to the state, including where and how long people tended to stay".

The provided data is a secondary data because it has been collected by The Florida Bureau of Tourism to check the satisfaction level of Sonic's Travel Agency. Since, the data has been collected by an outside company. Thus, it is an external secondary data.

To determine

(c)

To find:

Whether the provided data is secondary or primary. If secondary, explain whether it is external or internal

Expert Solution

Answer to Problem 4.50CE

Primary data.

Explanation of Solution

Given:

The data is, "The Company's annual report for the past 10 years is examined by the president of the Sonic.

The provided data is a secondary data because the examination of annual report is being done by the president to tackle the problem. Since, it has been collected to tackle the inside problem of agency. Thus, it is an internal secondary data.

Want to see more full solutions like this?

Subscribe now to access step-by-step solutions to millions of textbook problems written by subject matter experts!

Answer 5

Chapter 4, Problem 4.50CE

To determine

(a)

To find:

Whether the provided data is secondary or primary. If secondary, explain whether it is external or internal

Expert Solution

Answer to Problem 4.50CE

Primary data.

Explanation of Solution

Given:

The data is, "A survey is conducted by Sonic's research department to find their customer's satisfaction with the service provided by the agency".

The provided data is a primary data because the survey is being conducted by the company itself to check the satisfaction level of its customers. Thus, the data is primary data.

To determine

(b)

To find:

Whether the provided data is secondary or primary. If secondary, explain whether it is external or internal.

Expert Solution

Answer to Problem 4.50CE

Secondary and internal.

Explanation of Solution

Given:

The provided data is, "The Florida Bureau of Tourism sends travel agencies across the nation the results of a study describing the characteristics of winter vacationers to the state, including where and how long people tended to stay".

The provided data is a secondary data because it has been collected by The Florida Bureau of Tourism to check the satisfaction level of Sonic's Travel Agency. Since, the data has been collected by an outside company. Thus, it is an external secondary data.

To determine

(c)

To find:

Whether the provided data is secondary or primary. If secondary, explain whether it is external or internal

Expert Solution

Answer to Problem 4.50CE

Primary data.

Explanation of Solution

Given:

The data is, "The Company's annual report for the past 10 years is examined by the president of the Sonic.

The provided data is a secondary data because the examination of annual report is being done by the president to tackle the problem. Since, it has been collected to tackle the inside problem of agency. Thus, it is an internal secondary data.

Answer 6

Chapter 4, Problem 4.50CE

To determine

(a)

To find:

Whether the provided data is secondary or primary. If secondary, explain whether it is external or internal

Expert Solution

Answer to Problem 4.50CE

Primary data.

Explanation of Solution

Given:

The data is, "A survey is conducted by Sonic's research department to find their customer's satisfaction with the service provided by the agency".

The provided data is a primary data because the survey is being conducted by the company itself to check the satisfaction level of its customers. Thus, the data is primary data.

Answer 7

Chapter 4, Problem 4.50CE

To determine

(a)

To find:

Whether the provided data is secondary or primary. If secondary, explain whether it is external or internal

Answer 8

Expert Solution

Answer to Problem 4.50CE

Primary data.

Answer 9

Expert Solution

Answer 10

Expert Solution

Answer 11

Expert Solution

Answer 12

Explanation of Solution

Given:

The data is, "A survey is conducted by Sonic's research department to find their customer's satisfaction with the service provided by the agency".

The provided data is a primary data because the survey is being conducted by the company itself to check the satisfaction level of its customers. Thus, the data is primary data.

Answer 13

To determine

(b)

To find:

Whether the provided data is secondary or primary. If secondary, explain whether it is external or internal.

Expert Solution

Answer to Problem 4.50CE

Secondary and internal.

Explanation of Solution

Given:

The provided data is, "The Florida Bureau of Tourism sends travel agencies across the nation the results of a study describing the characteristics of winter vacationers to the state, including where and how long people tended to stay".

The provided data is a secondary data because it has been collected by The Florida Bureau of Tourism to check the satisfaction level of Sonic's Travel Agency. Since, the data has been collected by an outside company. Thus, it is an external secondary data.

Answer 14

To determine

(b)

To find:

Whether the provided data is secondary or primary. If secondary, explain whether it is external or internal.

Answer 15

Expert Solution

Answer to Problem 4.50CE

Secondary and internal.

Answer 16

Expert Solution

Answer 17

Expert Solution

Answer 18

Expert Solution

Answer 19

Explanation of Solution

Given:

The provided data is, "The Florida Bureau of Tourism sends travel agencies across the nation the results of a study describing the characteristics of winter vacationers to the state, including where and how long people tended to stay".

The provided data is a secondary data because it has been collected by The Florida Bureau of Tourism to check the satisfaction level of Sonic's Travel Agency. Since, the data has been collected by an outside company. Thus, it is an external secondary data.

Answer 20

To determine

(c)

To find:

Whether the provided data is secondary or primary. If secondary, explain whether it is external or internal

Expert Solution

Answer to Problem 4.50CE

Primary data.

Explanation of Solution

Given:

The data is, "The Company's annual report for the past 10 years is examined by the president of the Sonic.

The provided data is a secondary data because the examination of annual report is being done by the president to tackle the problem. Since, it has been collected to tackle the inside problem of agency. Thus, it is an internal secondary data.

Answer 21

To determine

(c)

To find:

Whether the provided data is secondary or primary. If secondary, explain whether it is external or internal

Answer 22

Expert Solution

Answer to Problem 4.50CE

Primary data.

Answer 23

Expert Solution

Answer 24

Expert Solution

Answer 25

Expert Solution

Answer 26

Explanation of Solution

Given:

The data is, "The Company's annual report for the past 10 years is examined by the president of the Sonic.

The provided data is a secondary data because the examination of annual report is being done by the president to tackle the problem. Since, it has been collected to tackle the inside problem of agency. Thus, it is an internal secondary data.

Answer 27

Ch. 4.2 - What is the difference between primary data and...Ch. 4.2 - A published article reports that 60% of U.S....Ch. 4.2 - A pharmaceutical finn’s annual report states that...Ch. 4.2 - Prob. 4.4E Ch. 4.3 - Prob. 4.5E Ch. 4.3 - Prob. 4.6E Ch. 4.3 - Prob. 4.7E Ch. 4.3 - Prob. 4.8E Ch. 4.3 - Prob. 4.9E Ch. 4.3 - Prob. 4.10E

(a) To find: Whether the provided data is secondary or primary. If secondary, explain whether it is external or internal

Concept explainers

Videos

(a)

To find:

Whether the provided data is secondary or primary. If secondary, explain whether it is external or internal

Answer to Problem 4.50CE

Explanation of Solution

(b)

To find:

Whether the provided data is secondary or primary. If secondary, explain whether it is external or internal.

Answer to Problem 4.50CE

Explanation of Solution

(c)

To find:

Whether the provided data is secondary or primary. If secondary, explain whether it is external or internal

Answer to Problem 4.50CE

Explanation of Solution

Want to see more full solutions like this?

Chapter 4 Solutions

(a) To find: Whether the provided data is secondary or primary. If secondary, explain whether it is external or internal

Concept explainers

Videos

(a) To find: Whether the provided data is secondary or primary. If secondary, explain whether it is external or internal

Answer to Problem 4.50CE

Explanation of Solution

(b) To find: Whether the provided data is secondary or primary. If secondary, explain whether it is external or internal.

Answer to Problem 4.50CE

Explanation of Solution

(c) To find: Whether the provided data is secondary or primary. If secondary, explain whether it is external or internal

Answer to Problem 4.50CE

Explanation of Solution

Want to see more full solutions like this?

Chapter 4 Solutions

(a)

To find:

Whether the provided data is secondary or primary. If secondary, explain whether it is external or internal

(b)

To find:

Whether the provided data is secondary or primary. If secondary, explain whether it is external or internal.

(c)

To find:

Whether the provided data is secondary or primary. If secondary, explain whether it is external or internal