A Mathematical Algorithm That Predicts the Percentage of the Time

question 17

Multiple Choice

A mathematical algorithm that predicts the percentage of the time each digit will appear in a sequence of numbers is:

• A) inductive fraud detection.
• B) deductive fraud detection.
• C) Benford's Law.
• D) horizontal analysis.

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Definitions:

Technology

The application of scientific knowledge for practical purposes, especially in industry, through machinery, equipment, and software.

Intellectual Property

Legal rights that come from the creation of the mind, such as inventions, literary and artistic works, designs, and symbols.

Company Product

The goods or services offered by a company to its customers.

Glue

A substance used to bond materials together by surface attachment.