1. Use the data shown in the table to conduct a design of experiment (DOE) in Microsoft Excel to determine the nature and magnitude of the effects of the three variables on mortgage approval times. Identify the key drivers of this process.

First, conduct an analysis using the following steps:
1. Use the data shown in the table to conduct a design of experiment (DOE) in Microsoft Excel to determine the nature and magnitude of the effects of the three variables on mortgage approval times. Identify the key drivers of this process.
2. Determine the graphical display tool (Interaction Effects Chart, Scatter Chart, et cetera) that you would use to present the results of the DOE you conducted in Question 1. Provide a rationale for your response.
3. Assess the data sampling method:

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• Determine if the sample size is sufficient.
• Identify circumstances under which would it have been appropriate to select a larger sample. Determine whether a sample of five mortgages is adequate to access the relative magnitudes of the effects of the variables.
• Recommend a sample size for future study and discuss what analysis can be made with a larger sample size.
4. Provide other variable responses that might be of interest to measure and study. (Hint: If you were getting a mortgage or a loan, what are the two most important measures of the process you would have to go through?)
5. Propose one overall recommendation to the financial services company based on the DOE that could help reduce mortgage approval times. | PLACE YOUR ORDER NOW AT writtask.com |
6. Use at least two quality references to support your discussion. Note: Wikipedia and other websites do not qualify as academic resources.
Second, create a PowerPoint presentation to communicate the data analysis you completed. Your submission must meet these requirements:

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• A PowerPoint presentation with at least 10 content slides that include the answers to questions 1 through 5.
• A reference slide and cover slide with the title of the assignment, your name, the professor’s name, the course title, and the date.
o Note: The cover and reference slides are not included in the required number of slides.