Examlex
Which of the following proactive fraud detection methods uses Benford's Law to detect fraud?
Coefficient of Determination
A statistical measure represented by R^2, which shows the proportion of variance in the dependent variable that is predictable from the independent variables.
Sum of Squares
A statistical measure that quantifies the variance or dispersion of a set of numbers by summing the squared differences between each number and the mean.
Error SSE
The sum of squared errors (SSE) is a measure used in statistics to quantify the discrepancy between the data and an estimation model.
Coefficient of Determination
A statistical measure that expresses the proportion of variance in the dependent variable that can be predicted from the independent variable(s).
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