Statistics for business - use of stats to detect fraud
This Business and Management Faculty webinar took place on 15 November 2017.
OverviewThis short talk is the third of our webinars on Statistics for Business, with Nigel Marriott of the Royal Statistical Society. Nigel explains how statistics can be used to identify anomalies in data sets and how it can assist in deterring and preventing fraud.
Statistics provide an effective technology for fraud detection and has been successfully applied to detect money laundering, business expenses and computer intrusion, amongst others. This webinar will cover the easiest methods available for statistical fraud detection.