How to Detect Fraud Using Benford's Law

Upvote if you are here because of the 2020 election “results”.

One Month Ago... Bruh, he drops the smoking gun a month before it happens. This man is a psychic!

A CPA: The hero we need

Robert my man, get ready for a Red wave of Subs. 🙏🏾

I don't think Biden/Harris and Dr Fauci knew about this law.

No, you can’t use Benford’s Law to tell whether this cdc data is manipulated. For one the dataset is much too small (only 56 data points), giving random events too much weight. You can do the same analysis for the population count of the US states and will get a similar “fraudulent” looking histogram.

I bet you had no idea this video was going to blow up due to the elections.

From a Statistician: The sample size you're using for this data analysis is way too small. I did this myself using the coronavirus cases for every county in the United States and found that the data follows Benford's Law almost perfectly. Another condition of Benford's Law that is being violated is that you have to have a data set that spans a large number of values. In this case, you have a very high preponderance of cases that fall in the Tens of Thousands and Hundreds of Thousands. I can link the data sheet if anyone is interested.

Do a video on the election using Benfords Law. Thank you.

Who's here after the 2020 us election?? Haha

To those wondering, Benfords law importantly requires values from multiple orders of magnitude inorder to be accurate (eg. 10-1000). If it happens to be that the large majority >90% happen to be in the same order of magnitude you begin to see a normal distribution

Wow I stumbled upon this. Great presentation by the way, I’m wondering, can you apply Benfords Law to the results Of the 2020 Presidential Election?

Branford’s law is known to not work well with data sets with 500 or fewer transactions.

The Youtube algorithm is trying to tell us something but I wonder what it could be hmmm... 🤔🤔🤔🤔🤔🤔🤔

Accountants using math and never heared about statistical standard deviations. Whenever someone say "Its very complicated, it really means, he did not understand the thing"

I'm amazed that youtube would recommend this. The machine AI must not realize this goes against their narrative.

You should probably mention that Benford's law only applies to datasets that cross several orders of magnitude. A lot of people are being mislead by this with the election results. If, for example, all the values in the dataset are two digit numbers then Benford's law does NOT apply.

I’ll be taking this to court

I did a presentation of Benford's Law in my fraud class in the Masters of Accounting Degree. I would do an overlay of the presented number against the Benford's distribution.

Now that's some very good short example, quite helpful for getting a quick, basic grasp of how the law gets applied on practical level. You just earned another sub sir!