Final answer:
Regression analysis is the appropriate statistical analysis for this study.
Step-by-step explanation:
The appropriate statistical analysis for this study would be regression analysis.
Regression analysis is used to determine the relationship and strength between a dependent variable (amount of debt) and one or more independent variables (time spent on financial education).
In this case, the financial advisor would collect data on the amount of time individuals spend on financial education and the corresponding amount of debt they have. The data would then be analyzed using regression analysis to determine if there is a significant relationship between time spent on financial education and the amount of debt.