S1E12: No such thing as a random number...?
Manage episode 407410781 series 3560636
There is no such thing as a random number. Particularly when it's chosen by a human. Don't believe us? Listen to Nathan explain. And how "Benford's Law" helps unearth fraudsters. It will also help you find out how to be better at committing fraud, but don't do that!
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What’s The Difference? is co-hosted by Nathan Bent and Clare Paterson, two data geeks… sorry, enthusiasts, with a fascination for the small details in life that can make a big impact. From true crime & scams, to science & technology, and everything in between.
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Sources:
https://www.journalofaccountancy.com/issues/1999/may/nigrini.html
https://statisticsbyjim.com/probability/benfords-law/
https://nigrini.com/benfords-law/
Music:
"Wasted Tears" by Isaac Elliott from Epidemic Sound via a Pro Content License (Canva)
17 episodes