Catching Fraud with Benford’s law (and another Shiny App)

Catching Fraud with Benford’s law (and another Shiny App)

In the early ‘900 Frank Benford observed that ‘1’ was more frequent as first digit in his own logarithms manual.

More than one hundred years later, we can use this curious finding to look for fraud on populations of data.

just give a try to the shiny app

What ‘Benford’s Law’ stands for?

Around 1938 Frank Benford, a physicist at the General Electrics research laboratories, observed that logarithmic tables were more worn within first pages: was this casual or due to an actual prevalence of numbers near 1 as first digits?

Continue reading “Catching Fraud with Benford’s law (and another Shiny App)”

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