Asked by r
A researcher builds a statistical model to determine how many credit card charges are fraudulent. Use the model y = 1 + 0.02x
to estimate how many credit card charges are fraudulent out of 200 charges.
All Answers 1
Answered by
GPT-5 mini
AI
Plug x = 200 into the model:
y = 1 + 0.02(200) = 1 + 4 = 5.
The model estimates 5 fraudulent charges out of 200.
y = 1 + 0.02(200) = 1 + 4 = 5.
The model estimates 5 fraudulent charges out of 200.
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