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The following information regarding a dependent variable (y) and an independent variable (x) is provided.
SSE = 1.9
SST = 6.8
The least squares estimate of the slope is
Personal Funds
Money that belongs to an individual and is used for personal, not business, purposes.
Angel Investor
A financially well-to-do person who backs a beginning enterprise, usually receiving convertible debt or a portion of ownership in exchange.
Bootstrapping
A self-starting process that is supposed to proceed without external input, often used to describe startups that grow without major external funding.
Penny Pinching
The act of being very careful with money, often by trying to reduce spending.
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