Sources of Data-Primary Sources of Data & Secondary Sources - Data collection methods - Collection Methods- Interviews: Structured Interviews and Unstructured Interviews etc

1. BUSINESS RESEARCH
METHODS
UNIT 3
COLLECTION AND
ANALYSIS OF DATA
Dr. THULASI KRISHNA. K, Ph.D.
MITS School of Business,
MITS – Madanapalle, A.P., India
tkk2007@gmail.com

2. INTRODUCTION
• Input of information is a pre-requisite for any rational
decision making. Research is no exception.
• Whether it is a statistical investigation or solving a
research problem, scientific collection of data with
due regard to relevance, time, cost, accuracy and
promptness of observations being recorded is to be
given due consideration.
Definition of Data
• Data are facts, figures and other relevant materials,
past and present serving as bases for study and
analysis.
• Ex: Data relating to loans secured by borrowers,
quantity of raw material required, opinions of people
on worth control devices etc.

3. IMPORTANCE OF DATA
• The data serve as the bases for analysis. Without analysis
of factual data, no specific inferences can be drawn on
the questions and study. Inferences based on
imagination or guess work cannot provide correct
answers to research questions. The relevance, adequacy
and reliability of data determine the quality of the
findings of the study.
• Data form the basis for testing the hypotheses
formulated in a study. Data also provide the facts and
figures required for constructing measurement scales and
tables which are analysed with statistical techniques.
Inferences on the results of statistical analysis and tests of
significance provide the answers to research questions.

4. SOURCES OF DATA
Primary Sources
• The sources of data may be classified in to primary and secondary
sources.
• Primary sources: Primary sources are original sources from which the
researchers directly collect data that have not been previously collected.
• Ex: Collection of data directly by the researcher on brand awareness,
brand preference, brand loyalty and other aspects of consumer behaviour
from a sample of consumers by interviewing them.
• Primary data are first hand information collected through various
methods such as observation, interview, mailing etc. In this method, the
researcher can collect the required data preciously according to his
research needs, and he can collect them in the form in which he needs.

5. SECONDARY
SOURCES
• Secondary sources are data that already exists. There are several
sources of secondary data, including books and periodicals,
government publications of economic indicators, census data,
Statistical Abstracts, data bases, the media, annual reports of
companies, etc.
• Financial databases readily available for research are also
secondary data sources.

6. • Methods of Primary Data Collection
• There are various methods of data collection such as observation,
interviewing, mailing etc.
• Observation
• Observation involves gathering of data relating to the
selected research by viewing and or listening. Observation may
take place either in real life setting and laboratory.

7. Some examples of observation include:
• A principal watching a teacher give a lesson
to her class to judge her effectiveness as an
educator
• A scientist looking at a chemical reaction in
an experiment
• A doctor watching a patient after
administering an injection
• A parent watching her children interact with
other children on the playground
• An astronomer looking at the night sky and
recording data regarding movement and
brightness of the objects he sees

8. Types of
Observation
• Structured Observation: The investigator should decide the data he needs.
If the observation takes place as per his needs or objectives, it is called as
structured observation.
• Unstructured Observation: There is no careful definition of the unit to be
observed and the information to be recorded; such an observation is un
structured observation.

9. • Participant Observation: In this kind of observation, the observer is a
part of the phenomenon or group which is observed and he acts as both
observer and a participant.
• Non-participant Observation: In this method, the observer stands apart
and does not participate in the phenomenon observed. Naturally, there
is no emotional involvement on the part of the observer. This method
calls for skill in recording observation in a un noticed manner.

10. Interview
• Interviewing is one of the major methods of data collection.
• It may be defined as a two-way systematic conversation
between an investigator and an informant, initiated for
obtaining information relevant to a specific study.
• It involves not only conversation, but also learning from
respondent’s facial expressions and his environment.
• The person doing interview is called as interviewer, the person
who is interviewed is called as interviewee.

11. Importance
of Interview
• It is the only suitable method for gathering information from
illiterates or less educated respondents.
• It is useful for collecting a wide range of data that includes
person’s opinions, attitudes, values, beliefs, past experience
and future intentions.

12. Types of
Interviews
• Structured Interview: This is an interview made with a detailed
standardized schedule. The same questions are put to all the
respondents and in the same order. Each question is asked in the same
way in each interview. This type of interview is used for large scale
formalized surveys.

13. Unstructured Interview
• It is also called as Non-directive
interview. This is the least
structured interview. The
interviewer encourages the
respondent to talk freely about a
given topic with a minimum
guidance.
• In this type of interview, a detailed
pre-planned schedule is not used.
Only a broad interview guide is
used. The questions are not
standardized and not ordered in a
particular way.

14. Focused Interview
• This is a semi-structured interview where the researcher attempts to
focus the discussion on the actual effects of a given experience in which
the respondents have been exposed. It takes place with the
respondents known to have involved in a particular experience.
Ex: Seeing a particular film, viewing a particular programme in TV involved
in a train or bus accident.
• The interview is focused on emotional responses regarding the
situation under study.

15. Face to Face Interview
• In this type of interview,
there is a face to face
contact with the persons
from whom the
information is to be
obtained. The information
is obtained is first hand or
original in character. It is
also called as personal
interview.

16. Telephonic Interview
• It is a non-personal method of
data collection. It may be used as
a major method and will be useful
in the following situations-
• When the study requires
responses to 5 or 6 simple
questions. Ex: Radio or TV
programme services.
• When the universe is compared of
those persons whose names are
listed in the telephone
directories. Ex: Doctors, Business
executives etc.
• When the survey must be
conducted in a very short period
of time, provided the units of
study are listed in telephone
directory.
• When the subject is interesting or
important to respondents.

17. Panel Interview
• The panel method is a method of data collection by which
data is collected from the sample respondents at intervals
either by mail or by personal interview.
• This is used for studies on consumer behaviour, expenditure
pattern, Economic conditions, Advertising and so on.

18. • Mail Survey
• Mail survey is another way of collecting primary
data. This method involves sending
questionnaires to the respondents with a
request to complete them and returned them by
post or by mail.
• This can be used in the case of educated
respondents only.
• The mail questionnaire should be simple, so that
the respondents can easily understand the
questions and answer them.

19. SECONDARY
SOURCES
Secondary sources
are data that
already exists.
Secondary data
analysis involves a
researcher using the
information that
someone else has
gathered for his or
her own purposes.
Such data are
cheaper and more
quickly obtainable
than the primary
data and also may
be available when
primary data can
not be obtained at
all.
There are several sources
of secondary data,
including books and
periodicals, government
publications of economic
indicators, census data,
Statistical Abstracts, data
bases, the media, annual
reports of companies,
etc.

20. There are two sources for collecting
the secondary data:
• Internal sources
• External Sources
• Internal sources: Data available
within the organisation such as
sales data, employees’ expenses,
stock details, marketing research
reports, etc.
• External sources: Data available
outside the organisation such as
census, periodicals, reports,
newspapers, journals, etc

21. Advantages of Secondary data
• It is economical. It saves efforts and
expenses.
• It is time saving.
• It helps to make primary data
collection more specific since with
the help of secondary data, we are
able to make out what are the gaps
and deficiencies and what additional
information needs to be collected.
• It helps to improve the
understanding of the problem.
• It provides a basis for comparison for
the data that is collected by the
researcher.

22. Disadvantages of Secondary Data Analysis
• The biggest disadvantage of performing secondary data analysis
is that the secondary data set might not answer the
researcher’s specific research question to the degree that the
research would have hoped.
• If a researcher sets out to perform a study with a very
particular question in mind, a secondary data set might not
contain the precisely specific information that would allow the
researcher to answer his or her question.

23. * Similarly, when a researcher has a specific
question or goal in mind, it can sometimes be
difficult to identify secondary data that is valid for
use, as the data might not have been collected
during the timeframe the researcher was hoping
for, or in correct the geographical region, etc.
* Another disadvantage is that no matter what a
researcher does to vet a secondary data set, they
will never be able to know exactly how the data
was collected, and how well that process was
executed.