Question: Answer the following questions based on the scenario below. An ABC bank has decided to do a client analysis of those to whom the bank
Answer the following questions based on the scenario below. An ABC bank has decided to do a client analysis of those to whom the bank has lent money over the last few years. The analysis is used to verify their (customers') information, such as their ability to repay loan installments on time, their source of income, their age, whether they are employed or self-employed, and the purpose of the loan. The bank would then create a loan policy for the ensuing years.
a)What would be the sampling design? Why-justification?
b)What would be the sampling technique? Why-justification?
c)What would be the unit of analysis? Whyjustification?
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