Discuss the advantages and uses of secondary data

What will be an ideal response?

Secondary data are easily accessible, relatively inexpensive, and quickly obtained. Secondary data can help you:
? Identify the problem
? Better define the problem
? Develop an approach to the problem
? Formulate an appropriate research design (for example, by identifying the key variables)
? Answer certain research questions and test some hypotheses
? Interpret primary data more insightfully

Business

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Assume that it takes a college student an average of 5 minutes to find a parking spot in the main parking lot. Assume also that this time is normally distributed with a standard deviation of 2 minutes

Find the probability that a randomly selected college student will take between 2 and 6 minutes to find a parking spot in the main parking lot. A) 0.1950 B) 0.4772 C) 0.4332 D) 0.6247

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In a, the claimants have already worked out the terms of the reorganization, and basically file just to make the agreement official

a. perfunctory filing b. token filing c. prepackaged bankruptcy d. gesture filing

Business