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.

Question : Supposeyou are a researcherin anXYZ company. It is your jobto study problem(s) thereon daily basis.Keeping in view thedata collection methods, you are requiredto provideyour opinionregarding the best way to collectthe data in thatcompany in solvingpractical problems. You may compare the data collection methods to justify the answer.