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[📊] Statistical analysis of over one million lines of death toll data released by countries around the globe. We then applied our algorithm and compared it to the curve of Benford's Law to detect under-reporting and false death data.
Benford's Law analysis with a Python-based Flask web app.
A simple library to check if a dataset follows the Benford's law
Simple Laravel console app that calculates if an array of integers follows Benford's Law
The Wirecard scandal is considered one of the largest financial scandals of the decade, which caused losses of several billion euros. This analysis examines the digit structure of Wirecard's financial figures in the period from 2005 to 2019 by analyzing the conformity with the expected frequency distributions according to Benford's law. The results show that company-specific accounting fraud cannot be detected by Benford analysis of the first, second, and first-two significant digits alone.
Python Implementation of first and first two-digit Benford's law.
This is the code and data to replicate the analysis in Skougarevskiy (2023)'s "Russian Household Income Surveys: Ensuring Data Quality" paper.
Check out the thesis "Did 2001 Mark the Beginning of a More Manipulated Market? An Analysis of Financial Markets via Benford's Law" by Richard Wright and Erik Munther. http://urn.kb.se/resolve?urn=urn:nbn:se:mdh:diva-54686
Web application processing data to determine if Benford's Law is applicable