Data Mining - Fraud Detection

Thomas Bayes

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Fraud detection

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Card Puncher Data Processing
Monitoring - (Alert|Anomalie) Detection

Alerting is the science of detection Deviations from prediction on Time serie are a powerful way to tell when there is a problem and to trigger alerts when a is reached. See also: ...
Benfords Law Limitations
Statistics - Benford's law (frequency distribution of digits)

Benford's law, also called the first-digit law, refers to the frequency distribution of digits in many (but not all) real-life sources of data. If there is any cut-off which excludes a portion of the...



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