Question 1:

Question 2:

The total amount of consumer credit has been increasing steadily in recent years. The following table gives the total outstanding consumer credit (in billions of dollars). Find an equation for the least squares line, letting x equal the number of years since 2001 The equation is Y=x+ (Use integers or decimals for any numbers in the equation. Round to two decimal places as needed.) \begin{tabular}{|c|c|c|c|} \hline Year & ConsumerCredit & Year & ConsumerCredit \\ \hline 2003 & 2210.5 & 2008 & 2553.5 \\ \hline 2004 & 2350.8 & 2009 & 2645.1 \\ \hline 2005 & 2437.0 & 2010 & 2757.0 \\ \hline 2006 & 2517.9 & 2011 & 2926.3 \\ \hline 2007 & 2597.1 & 2012 & 3099.2 \\ \hline \end{tabular} The total amount of consumer credit has been increasing steadily in recent years. The following table gives the total outstanding consumer credit (in billions of dollars). Find and interpret the correlation coefficient. (Type an integer or decimal rounded to four decimal places as needed.) A. The correlation coefficient is which indicates a fairly strong linear correlation. B. The correlation coefficient is which indicates there is no linear correlation