The RBC Canadian Consumer Outlook reported that the average amount of planned spending on gifts for the holiday season in 2012 was $629. In the U.S., however, the average amount of planned spending on gifts for a recent holiday season was $U.S.854, with 40% of those purchases being made from catalogues. Shown below are the average amounts of planned spending on gifts for the holiday season for 11 years along with the associated percentages to be made from catalogues. Average Percentage of Year Spending ($U.S.) Purchases to Be Made from Catalogues 1 1,037 44 2 976 42 3 1,004 47 942 47 5 907 50 6 859 51 7 431 43 8 417 36 9 658 26 10 646 42 11 854 40 4 Develop a regression model to predict the amount of planned spending in a given year by the associated percentage to be made from catalogues for that year. Comment on the strength of the model and the output. * Round your answers to 5 decimal places. ** Round your answer to 4 decimal places. 2