MBA 5652 Unit 8 Essay 1

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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

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