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Mathematics, 29.09.2019 01:50 mia2286

Acredit card company has found that 0.1% of all transactions are fraudulent. it has developed a computer program that correctly identifies whether a transaction is fraudulent or not 99% of the time. if the program scans 5,000,000 transactions, about how many of them will it identify as fraudulent?
a) 4949
b) 4950
c) 4951
d) 4952

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Answers: 1

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Acredit card company has found that 0.1% of all transactions are fraudulent. it has developed a comp...
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