For the data given below regress one variable on the other


What is r2 for the regression in given problem? Explain its meaning

Problem :-
For the data given below, regress one variable on the other. Is there an implication of causality, or are both variables affected by a third?

 

Sample of annual transactions ($ millions)

Year

Credit card

Online debit card

2002

156

211

2003

204

280

2004

279

386

2005

472

551

2006

822

684

2007

1,213

905

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Basic Statistics: For the data given below regress one variable on the other
Reference No:- TGS02178099

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