Question

# Data from the U.S. Federal Reserve Board on the percentage of disposable personal income required to...

Data from the U.S. Federal Reserve Board on the percentage of disposable personal income required to meet consumer loan payments and mortgage payments for selected years are shown in the following table. What is the value of the correlation coefficient for this data set? (Give the answer to four decimal places.)
r =

 Consumer Debt Household Debt Consumer Debt Household Debt 7.89 6.22 6.25 5.73 7.90 6.14 6.09 5.95 7.65 5.96 6.32 6.09 7.60 5.84 6.98 6.28 7.48 5.82 7.37 6.09 7.50 5.86 7.52 5.78 7.36 5.80 7.85 5.82 6.57 5.80

The regression output is:

 r² 0.015 r 0.1217 Std. Error 0.181 n 15 k 1 Dep. Var. Debt ANOVA table Source SS df MS F p-value Regression 0.0064 1 0.0064 0.20 .6657 Residual 0.4268 13 0.0328 Total 0.4332 14 Regression output confidence interval variables coefficients std. error t (df=13) p-value 95% lower 95% upper Intercept 5.6969 Debt 0.0344 0.0778 0.442 .6657 -0.1337 0.2025

r = 0.1217