Which distributions would you recommend be tested using Benfords law? What would a Benfords law evaluation of
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Which distributions would you recommend be tested using Benford’s law? What would a Benford’s law evaluation of sales transaction amounts potentially show? What would a test of vendor numbers or employee numbers show? Anything different from a test of invoice or check numbers? Any cases where Benford’s law wouldn’t work?
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Benfords law applies to large sets of numbers so dollar ...View the full answer
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