Technology In Auditing Using Benford?s Law

engine path in Auditing Using Benford?s practice of law Technology in Auditing Using Benfords Law What started out as a curious observation by an astronomer in 1881 has the capability to have a epoch-making impact on the inspect profession 125 geezerhood later. In 1881, the astronomer Simon Newcomb sight that the front pages of his logarithmic tables fray faster than the substitute of the pages. Newcomb cogitate the first digit is oftener 1 than either opposite digit. Newcomb quantified the probability of the point of the different digits as universe the first digit and as well as the arcsecond digit. For the most part, Newcomb just considered it a distinctive feature and leftfield it at that. (Caldwell 2004) In the 1920s, a physicist at the GE inquiry Laboratories, Frank Benford, approximation it more than a curiosity and conducted elongated testing of of course occurring data and computed the expect frequencies of the digits. In hold over 1, a t that place is a table of these expected frequencies for the first fo...If you command to fuck off a full essay, ordinance it on our website: OrderEssay.net

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