Secondary data

Secondary data refers to information that has already been collected, organized, and published by others, rather than gathered directly by the person or organization using it. Examples include government reports, research studies, books, and online databases. It’s useful because it saves time and resources compared to collecting new data, and provides valuable insights drawn from previous research. However, it’s important to evaluate the relevance, accuracy, and freshness of secondary data before relying on it for decision-making or analysis.