Why do we analyze positive and negative numbers separately

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Reference no: EM133416911

Question: To demonstrate the knowledge of Benford's Law, research and share real like examples of the usefulness of Benford's Law along with any inherent challenges or weaknesses.

In this module, we discussed Benford's Law in detail.

Explain why you would use Benford's law and give a unique example (not one in the lesson notes or text book for this course and do not repeat another students example).

Why do we analyze positive and negative numbers separately? What is the difference between fraud prevention and fraud detection? What do we mean by a psychological threshold? Why is the expected proportion for each possible last-two digit combination equal, when the first-two digits are heavily skewed towards the low digits?

Reference no: EM133416911

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