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The total amount of consumer credit has been increasing steadily in recent years. The following table gives the total outstanding consumer credit ( below.

The total amount of consumer credit has been increasing steadily in recent years. The following table gives the total outstanding consumer credit ( below.
\table[[Year,\table[[Consumer],[Credit]],Year,\table[[Consumer],[Credit]]],[2003,2210.5,2008,2557.5],[2004,2303.8,2009,2648.1],[2005,2465.0,2010,2757.0],[2006,2540.9,2011,2926.3],[2007,2592.1,2012,3099.2]]
The amount of consumer credit in the year 2015 will be $3321 billion.
(Round to the nearest whole number.)
d. If this trend continues linearly, in what year will the total debt first exceed $4000 billion?
If this trend continues linearly, in the year , total debt will first exceed $4000 billion.
(Round up to the nearest whole number.)
e. Find and interpret the correlation coefficient. Select the correct choice below and fill in the answer box to complete your choice.
(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.
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