According to Industry Sources, Online Banking Is Expected to Take

question 1

Multiple Choice

According to industry sources, online banking is expected to take off in the near future. The projected number of households (in millions) using this service is given in the following table: (Here, x = 0 corresponds to the beginning of 1997.)
Find an equation of the least-squares line for these data. Please round the coefficients in your equation to three decimal places. Use the result to estimate the number of households using online banking at the beginning of 2009, assuming the projection is accurate.

• A) y = 2.716x + 4.653; 37.282 million
• B) y = 2.716x + 4.653; 37.245 million
• C) y = 2.709x + 4.662; 37.170 million
• D) y = 2.709x + 4.662; 37.193 million

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Definitions:

Evolutionary Psychology

A theoretical approach in psychology that explains psychological traits as evolved adaptations.

Neuroticism

An aspect of one's personality expressed by changing emotional states, feeling anxious, mood variances, feelings of worry, and being afraid.

Behavioral Patterns

Repetitive activities, actions, or behaviors exhibited by individuals, often reflecting underlying psychological conditions or social influences.

Altruistic Behavior

Actions motivated by the desire to benefit others, often at a personal cost or without expecting personal gain.