Benford’s law is commonly used by audit practitioners for testing data populations for evidence of possible fraud. ACL even has a Benford function built into the software to prepare the requisite tables and display a Benford curve.
The Central Virginia ACL Users group posted an excerpt from a NY Times article that came out several years [...]
Benford’s Law — a summary
April 18th, 2008 · No Comments
Tags: Benford
