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.(1 point)

Answer 1

To estimate how many credit card charges are fraudulent out of 200 charges using the model y = 1 + 0.02x, where x is the total number of charges:

1. Substitute x with 200:
y = 1 + 0.02(200)
y = 1 + 4
y = 5

Therefore, the estimated number of fraudulent credit card charges out of 200 charges is 5.