Assignment DetailsYou are a business analyst working in the mortgage banking industry. Your manager asked you to analyze staffing needs for the Foreclosure Department. The manager requested a detailed report because she is not familiar with statistics and computations needed to make conclusions. Hence, your report must be written in a descriptive manner that defines and explains key concepts, categories, and processes rather than just presenting math calculation. You should explain each concept, discuss advantages and disadvantages, and justify your recommendations. The expectation is that the report is an MS Word document that is 5 pages long. The following is what the manager gave you:At the beginning of this year, the portfolio included 100,000 loans in various stages of the foreclosure process.In the last 4 months, there has been a significant increase in the portfolio, as presented in the following table:MonthJanuaryFebruaryMarchApril% increase5%10%15%20%Total # of loans105,000115,500132,825159,390The department currently employs 50 employees and has a huge backlog. The department quickly needs to hire more people, but the management does not know how many. This report should help resolve this problem quickly.Please include the following information in your report:Compare and contrast various sampling approaches (e.g., large sample, small sample, convenience sample, and so forth). Apprise each of them, and select the one that you intend to use. Justify your recommendation.Explain how you are going to overcome challenges associated with sampling biases. In addition, what assurances are taken to address ethics problems in the experimental design that may arise if you need to lay off employees in your department to replace them with offshore, less expensive employees, assuming that you do not want to see your friends losing their jobs?Propose performance expectations (goals) for all employees by composing productivity data and providing mean, median, and mode values. Some information has been gathered from 9 employees, but feel free to replace these numbers with numbers that will be discovered in your research. The number of documents processed per hour per employee is 14, 17, 14, 14, 13, 16, 15, 21, and 12. Do not forget to create charts to visually enhance this section.Determine the probability that current trends in foreclosed loans will continue. Discuss factors that, in addition to percent increase presented in the table above, can affect the accuracy of your forecast. You should know whether or not unemployment rate, consumer spending, currency exchange rates, house prices, or seasonal factors can affect the number of foreclosed loans.On the topic of probability, prepare for potential risks, and know which of the factors affecting forecast accuracy, explained previously, are independent, dependent, or mutually exclusive. Please explain and provide examples.Submitting your assignment in APA format means, at a minimum, you will need the following:
Why Choose Us
Top Quality and Well-Researched Papers
We always make sure that writers follow all your instructions precisely. You can choose your academic level: high school, college/university or professional, and we will assign a writer who has a respective degree.
Professional and Experienced Academic Writers
We have a team of professional writers with experience in academic and business writing. Many are native speakers and able to perform any task for which you need help.
Free Unlimited Revisions
If you think we missed something, send your order for a free revision. You have 10 days to submit the order for review after you have received the final document. You can do this yourself after logging into your personal account or by contacting our support.
Prompt Delivery and 100% Money-Back-Guarantee
All papers are always delivered on time. In case we need more time to master your paper, we may contact you regarding the deadline extension. In case you cannot provide us with more time, a 100% refund is guaranteed.
Original & Confidential
We use several writing tools checks to ensure that all documents you receive are free from plagiarism. Our editors carefully review all quotations in the text. We also promise maximum confidentiality in all of our services.
Customer Support 24/7
Our support agents are available 24 hours a day 7 days a week and committed to providing you with the best customer experience. Get in touch whenever you need any assistance.
Try it now!
How it works?
Follow these simple steps to get your paper done
Place your order
Fill in the order form and provide all details of your assignment.
Proceed with the payment
Choose the payment system that suits you most.
Receive the final file
Once your paper is ready, we will email it to you.
No need to work on your paper at night. Sleep tight, we will cover your back. We offer all kinds of writing services.
No matter what kind of academic paper you need and how urgent you need it, you are welcome to choose your academic level and the type of your paper at an affordable price. We take care of all your paper needs and give a 24/7 customer care support system.
Admission and Business Papers
An admission essay is an essay or other written statement by a candidate, often a potential student enrolling in a college, university, or graduate school. You can be rest assurred that through our service we will write the best admission essay for you.
Editing and Proofreading
Our academic writers and editors make the necessary changes to your paper so that it is polished. We also format your document by correctly quoting the sources and creating reference lists in the formats APA, Harvard, MLA, Chicago / Turabian.
If you think your paper could be improved, you can request a review. In this case, your paper will be checked by the writer or assigned to an editor. You can use this option as many times as you see fit. This is free because we want you to be completely satisfied with the service offered.