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Benford’s Law, Part 2

In a prior blog post we showed Benford's Law in action at Lowe's.  There we indicated that a popular use of Benford's Law is to flag potentially suspect expense reports for a closer look.  So we decided to try it…

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Data Science Buzzword Bingo

File this under the "Fun" category (or perhaps "sarcasm").  If you are not familiar with the Buzzword Bingo game, you can read about it here. The next time you sit through a vendor's pitch, or a speech from senior management, print…

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Benford’s Law at Lowe’s

I recently installed a replacement mailbox and post, so off I went to Lowe’s to shop for address number decals to affix to new mailbox. When I located the pegboard hooks holding the numbers, as a quant, I immediately noticed…

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