Is It Possible to Spot Fraudulent Numbers?
People engage in financial frauds have a need to produce false data as part of their criminal activities. Is it possible to look at the false data and determine they are not real? A probability model...
View ArticleBenford’s Law and US Census Data, Part I
The first digit (or leading digit) of a number is the leftmost digit (e.g. the first digit of 567 is 5). The first digit of a number can only be 1, 2, 3, 4, 5, 6, 7, 8, and 9 since we do not usually...
View ArticleBenford’s Law and US Census Data, Part II
The Benford’s law is a probability model that is a powerful tool for detecting frauds and data irregularity. The first digit (or leading digit) of a number is the leftmost digit and can only be 1, 2,...
View ArticleWhich Car Rental Company Is More Expensive, Budget or Avis?
Any “budget” conscious consumer/traveler would want to find a good deal wherever and whenever he or she can, especially when it comes to airfare and rental cars. In tough economic times, bargain...
View Article