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Benford's Law & Alteryx - how to look for fraud
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Benford's Law predicts that normal numeric datasets have more small digits than large digits. Whether it's charges on electrical bills or street addresses, you'll find that you get far more 1's than 9's. Fraud investigators use this law to test data sets for potential tampering or falsification. See how easy it is to create this analysis from scratch on ANY data set using Alteryx.
00:00 Getting started
01:09 Benford's Law
03:11 Alteryx
05.44 How to get to the answer, fast.
00:00 Getting started
01:09 Benford's Law
03:11 Alteryx
05.44 How to get to the answer, fast.
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