Benford's law

[Kushal_Chawda]

This article provides an overview of Benford's law.

For more information about Benford's Law, please visit the link below.

Benford's law - Wikipedia, the free encyclopedia

Benford’s Law can often serve as an indicator of fraudulent data and assist in auditing accounting records. It describes the distribution of the first digits in a dataset. For example, a sales figure of $11,292 would be represented by the digit 1.

In the chart above, we can see that the distribution of the digit 1 in the actual data is higher than the distribution predicted by Benford's Law for the digit 1. This indicates that we need to investigate the transactions of the sales figures that start with the digit 1.

Please refer to the attached application.

Additionally, please see:

Bollinger Bands

Control Chart

[simondachstr]

‌looove benford's law

[rbecher]

Also have a look into group Data Quality

Check a data set against Benford's Law

[ahaahaaha]

Thank you for the interesting information.

[#5]

Dear @rbecher Sir

I am new user to Qlik. I want to apply benford law for my analysis. I have sent request for group content access. will you please approve it so that I can see your benford law example

[Anonymous]

Hi,

How do I open this file? When I try it brings be to a blank sheet

Thanks