Benford's Law and Fraud Detection Analysis
Monday, July 14th, 2008
The Benford's Law and Fraud Detection Analysis enables you to graph a data set against a Benford's law curve to find abnormalities within the data. This enables you to quickly ascertain the accuracy of the data, which is particularly helpful for detecting fraud in various business data such as check payment amounts. For further information, you can see a video of this extension here. (more…)