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Willton Bros.obtains from Marbowe Manufacturing a line of credit of $25,000, of which Willton initially uses $12,000 for purchase of inventory.Marbowe may only have a security interest in the inventory that covers the initial $12,000 advance.
Slope
The rate of change in the variable on the y-axis per unit change in the variable on the x-axis in a coordinate system; it quantifies the steepness of a line.
Least Squares Line
A linear equation that minimizes the sum of the squares of the differences between observed and predicted values.
Regression Line
A line of best fit through a dataset in regression analysis, representing the relationship between independent and dependent variables.
Coefficient of Correlation
A statistical measure that calculates the degree to which two variables move in relation to each other.
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