Given:
0.1% of all transactions are fraudulent
99% correct identification whether a transaction is fraudulent or not.
Scanned 5,000,000 transactions.
5,000,000 x 0.1% = 5,000 fraudulent transactions.
For me, there are 5,000 fraudulent transactions. This is based on the 0.1% rather than the 99%. Because the problem clearly states that the 0.1% of ALL transaction is identified as fraudulent. The 99% of the computer program only deals with the correct identification of the transaction as either fraudulent or not. For me, it is not a clear measure of the true number of fraudulent transactions.
18 is my answer. You should still try to do the work yourself just to make sure its correct
Happy studying ^-^
Answer: The first experiment has M probabilities, and the second has I(m) outcomes, that depends on the result of the first.
And lets call m to the result of the first experiment.
If the outcome of the first experiment is 1, then the second experiment has 1 possible outcome.
If the outcome of the first experiment is 2, then the second experiment has 2 possibles outcomes.
If the outcome of the first experiment is M, then the second experiment has M possibles outcomes.
And so on.
So the total number of combinations C is the sum of all the cases, where we exami
1 outcome for m = 1
+
2 outcomes for m=2
+
.
.
.
+
M outcomes for m = M
C = 1 + 2 + 3 + 4 +...´+M
Answer:
75 years.
Step-by-step explanation:
Divide 150 by 2, that gives you the years.
Answer:
32.9%
Step-by-step explanation:
14,000-10,528=3,472
3,472/10,528=0.32978723
Idk what your supposed to round to, but I put 32.9%
