Refer to the following monthly sales and advertising data fo…

Refer to the following monthly sales and advertising data for a small company. Month       Advertising Expenditures (x, in $100’s)       Sales Revenue, y (in $1,000’s) 1                                 1                                                           1 2                                 2                                                           1 3                                 3                                                           2 4                                 4                                                           2 5                                 5                                                           4 Using the Least Squares Method, estimate the value of

Given the following table of joint probabilities, please ans…

Given the following table of joint probabilities, please answer the following question. Account          Overdue          Not Overdue New                 0.06                  0.13 Old                   0.52                  0.29 If the account is new, what is the probability that it is not overdue?