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2 posts tagged with math by stbalbach.
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One way to
measure corporate fraud is look at reported numbers and see if they follow
Benford's law - number sets that are manipulated usually deviate from Benford's law. A
recent analysis of all public companies over the past 50 years has shown a steady upward deviation, strongly suggesting there is more corporate fraud now than ever before (peaked in 2008).
[more inside]
posted by stbalbach
on Oct 13, 2011 -
41 comments
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