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The most important element for success is abundant start-up capital.
Intercept Term
The intercept term in a regression model is the value of the dependent variable when all independent variables are equal to zero.
Coefficient
A steady or unvarying number that precedes and acts as a multiplier for the variable in algebraic expressions.
Predictor Variables
Variables in statistical models that are used to predict outcomes of interest.
Second-order Polynomial
A polynomial of degree two, characterized by a quadratic equation that includes squared terms as its highest order.
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