Question: Based on the chart below, what Fraud Index level would you use to prevent fraud? Explain. 310 215 Fraud Index -> # of Customers at

Based on the chart below, what Fraud Index level

Based on the chart below, what Fraud Index level would you use to prevent fraud? Explain. 310 215 Fraud Index -> # of Customers at or above FI % of Customers at or above FI $ at or above FI % of $ 0 0.1 0.2 0.3 0.4 0.5 0.6 0.7 0.8 0.9 1 500 481 451 384 148 93 55 25 15 100% 96% 90% 77% 6296 43% 30% 19% 11% 5% 3% $ 254,045 $ 247,831 $ 234,255 $ 201,979 $ 161,719 $ 108,012 $ 71,364 $ 42,043 $ 24,545 $ 9,520 $ 5,338 100% 98% 92% 80% 64% 43% 28% 17% 10% 4% 2%

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