Data collection is gathering of information from different sources, and data analytics is procedure of getting useful result from it. For data collected from diverse sources and means need precise data analysis methods and tools to get precise information from them. Data collection is collecting of information from different sources, and data analytics is to process of getting valuable insight from it.
- Data collection is a most important step in conducting research and can influence results or outcome significantly.
- The data collected for a research problem is known as Primary Data. With the primary data collection methods, a researcher can collect data through the direct responses of the participants.
- During the process, the participants could report their personal experience, attitudes, and feelings to the researcher. As already mentioned, primary data is collected through interviews, surveys, experiments, and Field observations.
- An MBA student will note have knowledge or ability to get all the above steps correctly while doing the research work. Even for students who do extremely well at their subjects, analytical statistics may be difficult.
- Both graphic and inferential statistical analyses are done based on the theory developed. Further, the rationale for the selection of statistical tests, with further queries, is all clarify for MBA research candidates.
- It is a major factor that your collected data should appropriate to the research problems and questions as well as data should be quality to convince your appointed committee to get the approval of this primary data draft.