A data transformation process for using Benford’s Law with bounded data [version 1; peer review: 2 approved]
Benford’s Law is an empirical observation about the frequency of digits in a variety of naturally occurring data sets. Auditors and forensic scientists have used Benford’s Law to detect erroneous data in accounting and legal usage. One well-known limitation is that Benford’s Law fails when data have...
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| Format: | Article |
| Language: | English |
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Emerald Publishing
2021-11-01
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| Series: | Emerald Open Research |
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| Online Access: | https://emeraldopenresearch.com/articles/3-29/v1 |