S1E12: No such thing as a random number...?
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S1E12: No such thing as a random number...?
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There is no such thing as a random number. Particularly when it's chosen by a human. Don't believe us? Listen to Nathan explain. And how "Benford's Law" helps unearth fraudsters. It will also help you find out how to be better at committing fraud, but don't do that!
If you enjoy this episode of What's The Difference?, please, please, please subscribe, rate and review to support us; it really is a small detail that makes a huge difference!
What’s The Difference? is co-hosted by Nathan Bent and Clare Paterson, two data geeks… sorry, enthusiasts, with a fascination for the small details in life that can make a big impact. From true crime & scams, to science & technology, and everything in between.
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Sources:
https://www.journalofaccountancy.com/issues/1999/may/nigrini.html
https://statisticsbyjim.com/probability/benfords-law/
https://nigrini.com/
https://nigrini.com/benfords-law/
Music:
"Wasted Tears" by Isaac Elliott from Epidemic Sound via a Pro Content License (Canva)
https://soundcloud.com/isaacelliott-music