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Lanham, SW (2019)

Analyzing Big Data with Benfordís Law: A Lesson for the Classroom

American Journal of Business Education 12(2), pp. 33-42.

ISSN/ISBN: Not available at this time. DOI: 10.19030/ajbe.v12i2.10285



Abstract: Most literature related to Benfordís Law discusses what the law can be used for and how it works but fails to address effective methods and procedures for teaching the law to students. This article examines existing information resources to determine the most effective methods and procedures used to explain this Law to those who have no experience with it. A contribution to knowledge is made by providing step by step instructional approaches for teaching Benfordís Law to students that are tied to existing literature. Benfordís Law is a fascinating lesson for students who have been exposed to statistical and mathematical concepts for as long as they can remember yet know nothing of the lawís existence. This lesson is suitable for any introductory statistics or mathematics course where students are learning about probability. The Law has a practical application in the field of business and can also be taught as part of a fraud examination, data analytics, or auditing course.


Bibtex:
@article{, author = {Susan W. Lanham}, title = {Analyzing Big Data with Benfordís Law: A Lesson for the Classroom}, year = {2019}, journal = {American Journal of Business Education}, volume = {12}, number = {2}, pages = {33--42}, doi = {10.19030/ajbe.v12i2.10285}, url = {https://clutejournals.com/index.php/AJBE/article/view/10285}, }


Reference Type: Journal Article

Subject Area(s): General Interest, Mathematics Education, Statistics