Fraud Detection CalculatorFRAUD DETECTION: Benford's Law can be used to detect fraud by analyzing... | |
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Fraud Detection Calculator Description
Note: This application was created by a BYU student as a part of the school project. This app is functional, however it is not intended to be a polished, commericalized app.FRAUD DETECTION: Benford's Law can be used to detect fraud by analyzing financial records. Most business numbers follow Benford's distribution. Human-generated numbers do not. Analyzing large amounts of data against Benford's expecting possibilites can detect fraud and other anomalies.This Fraud Calculator has three main functionalities. 1) Inform the user about Benford's Law.2) Allows for testing of Benford's Law.3) Supports analyzing a data set from URL (must link to a CSV formatted text file).
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