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)
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.