It is important that credit card companies are able to recognize fraudulent credit card transactions so that customers are not charged for items that they did not purchase. Here, the aim is to analyze the dataset and detect the fradulent transactions.
The dataset has been obtained from kaggle: https://www.kaggle.com/mlg-ulb/creditcardfraud The data set contains the credit card transactions made by European card holders for two days of September 2013. Out of the 284,807 transactions only 492 were classified as frauds. The deatiled analysis can be found in the Rmd file