K 6, 7, 6, of It was discovered that first digits do not occur with equal frequency. Probabilities of occurrence to the first digit in a number are shown the accompanying table. The probability distribution is now known as Benford's Law. For example, the following distribution represents the first digits in 196 allegedly fraudulent checks written to a bogus comm by an employee attempting to embezzle funds from his employer. Complete parts (a) through (c) below. Click the icon to view the tables. (a) Because these data are meant to prove that someone is guilty of fraud, what would be an appropriate level of significance when performing a goodness-of-fit test? Use a = Distribution of First Digits Digit Probability Digit Probability First digit Frequency 4 1 Distribution of first digits (Benford's Law) 2 3 0.176 0.125 7 8 0.058 0.051 0.301 6 0.067 4 0.097 9 0.046 First digits in allegedly fraudulent checks 1 5 6 7 2 3 4 42 32 28 20 23 9 17 IETTID 8 16 5 0.079 9 9 Full data set <- X

K 6, 7, 6, of It was discovered that first digits do not occur with equal frequency. Probabilities of occurrence to the first digit in a number are shown the accompanying table. The probability distribution is now known as Benford's Law. For example, the following distribution represents the first digits in 196 allegedly fraudulent checks written to a bogus comm by an employee attempting to embezzle funds from his employer. Complete parts (a) through (c) below. Click the icon to view the tables. (a) Because these data are meant to prove that someone is guilty of fraud, what would be an appropriate level of significance when performing a goodness-of-fit test? Use a = Distribution of First Digits Digit Probability Digit Probability First digit Frequency 4 1 Distribution of first digits (Benford's Law) 2 3 0.176 0.125 7 8 0.058 0.051 0.301 6 0.067 4 0.097 9 0.046 First digits in allegedly fraudulent checks 1 5 6 7 2 3 4 42 32 28 20 23 9 17 IETTID 8 16 5 0.079 9 9 Full data set <- X

College Algebra

7th Edition

ISBN:9781305115545

Author:James Stewart, Lothar Redlin, Saleem Watson

Publisher:James Stewart, Lothar Redlin, Saleem Watson

Chapter9: Counting And Probability

Section9.3: Binomial Probability

Problem 33E: Sick leave probability that a given worker at Dyno Nutrition Will call in sick on a Monday is 004....

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