A bit more interesting is the usage of Benford's Law to predict fraud - most people assume that numbers in most lists occur with equal probability on average, which is false. Surprising law perhaps? The Wikipedia article is interesting...
Also this does the actual fraud analysis: http://www.journalofaccountancy.com/Issues/1999/May/nigrini.htm
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A bit more interesting is the usage of Benford's Law to predict fraud - most people assume that numbers in most lists occur with equal probability on average, which is false. Surprising law perhaps? The Wikipedia article is interesting...
Also this does the actual fraud analysis: http://www.journalofaccountancy.com/Issues/1999/May/nigrini.htm