A Mathematical Algorithm That Predicts the Percentage of the Time

question 14

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:

Sampling Procedures

methods used to select a portion of a population for study or analysis.

Continuous Recording

A method of data collection where behavior is recorded continuously over a period of time without breaks or interruption.

Typology

A classification system used to categorize concepts, objects, or phenomena based on their common characteristics.

Role Behavior

Actions or activities expected from an individual in a particular position or status within a social context.