(a) Choose one category of consumer credit and plot it. (b) Describe the trend (if any) and...
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(b) Describe the trend (if any) and discuss possible causes.
(c) Fit a trend model of your choice.
(d) Make forecasts for 3 years (20112013), using a trend model of your choice. Note: Revolving credit is mostly credit card and home equity loans, while non revolving credit is for a specific purchase such as a car.
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a b All three are increasing steadily The linear growth until 2008 is ...View the full answer
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Related Book For 
Applied Statistics In Business And Economics
ISBN: 9780073521480
4th Edition
Authors: David Doane, Lori Seward
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