Course Textbook APA Citation:
Zikmund, W. G., Babin, B. J., Carr, J. C., & Griffin, M. (2013). Business research methods (9th ed.). Mason, OH: South-Western.
Essay #1.
Complete question 10 in your textbook on page 578 (Chapter 23). Create your table in Word as shown on page 578 for this question. Provide your findings in the space provided.
Question. 10: Are the different forms of consumer installments credit in the following table highly correlated?
Debt Outstanding (millions of dollars) | ||||||
Year | Gas Cards | Travel and Entertainment Cards | Bank Credit Cards | Retail Cards | Total Credit Cards | Total Installments Cards |
1 | 39 | 61 | 828 | 9400 | 11228 | 79428 |
2 | 1119 | 76 | 1312 | 10200 | 12707 | 87745 |
3 | 1298 | 110 | 2639 | 10900 | 14947 | 98105 |
4 | 1650 | 112 | 3792 | 11500 | 17064 | 102064 |
5 | 1804 | 132 | 4490 | 13925 | 20351 | 111295 |
6 | 1762 | 164 | 5408 | 14763 | 22097 | 127332 |
7 | 1832 | 191 | 6838 | 16395 | 25256 | 147437 |
8 | 1823 | 238 | 8281 | 17933 | 28275 | 156124 |
9 | 1893 | 273 | 9501 | 18002 | 29669 | 164955 |
10 | 1981 | 238 | 11351 | 19052 | 32622 | 185489 |
11 | 2074 | 284 | 14262 | 21082 | 37702 | 216572 |