Fraud Examination 5th Edition by Steve Albrecht,Chad Albrecht,Conan Albrecht, Mark Zimbelman

Exercise 22

Read the article entitled "Following Benford's Law, or Looking Out for No. 1" found at www.rexswain. com/benford.html. The article mentions that a statistics professor can easily discern if students flipped a coin 200 times or if they merely faked it. Of this exercise, the professor stated, "Most people do not know the real odds of such an exercise, so they cannot fake data convincingly." How does that exercise relate to Benford's Law and detecting fraud