FREE CFA Data Collection & Survey Techniques Questions and Answers

Question 1

What is the primary purpose of a pilot survey?

Accepted Answer

To test survey questions and procedures

Answer

To collect final data for analysis

Answer

To train field supervisors only

Answer

To determine the survey budget

Question 2

Which sampling method ensures every member of the population has an equal chance of selection?

Accepted Answer

Simple random sampling

Answer

Convenience sampling

Answer

Snowball sampling

Answer

Purposive sampling

Question 3

What is the key advantage of using structured interviews in data collection?

Accepted Answer

They standardize responses for easier analysis

Answer

They allow for completely open-ended responses

Answer

They require no preparation

Answer

They are always conducted by phone

Question 4

Which of the following is an example of a leading question to avoid?

Accepted Answer

"Don't you agree that our product is the best?"

Answer

"How often do you exercise?"

Answer

"What is your age?"

Answer

"Where do you live?"

Question 5

What is the purpose of informed consent in data collection?

Accepted Answer

To protect respondent rights and ensure transparency

Answer

To legally bind respondents to the survey

Answer

To collect payment from participants

Answer

To shorten the survey length

Question 6

Which data collection method is most suitable for sensitive topics?

Accepted Answer

Self-administered anonymous surveys

Answer

Face-to-face interviews

Answer

Public focus groups

Answer

Telephone surveys with caller ID

Question 7

What is the key difference between quantitative and qualitative data?

Accepted Answer

Quantitative is numerical; qualitative is descriptive

Answer

Quantitative is always collected online

Answer

Qualitative data is easier to analyze

Answer

There is no difference

Question 8

Why is data cleaning an important step in survey research?

Accepted Answer

To identify and correct errors in collected data

Answer

To delete all negative responses

Answer

To make the dataset smaller

Answer

To change respondent answers

Question 9

Which of the following best describes 'response bias'?

Accepted Answer

Systematic error in how respondents answer questions

Answer

A type of sampling error

Answer

When too many people respond to a survey

Answer

The time it takes to complete a survey