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Wielding Benford’s Law to cut down fraudsters

$225.00

SKU: EXPsu122. Category: .

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Abstract: When it comes to fighting fraud, there’s a tried-and-true statistical precept that remains as relevant and widely accepted as ever. Benford’s Law is still a trusty sword in the arsenal of many, if not most, financial experts. This article explains this statistical principle, which illustrates that “random” numbers aren’t always as random as they seem, and explains how experts use it to find patterns that suggest fraud.

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