According digits that follow the distribution shown in the table below. Test for goodness-of-fit with
Benford's Law.
When working for the Brooklyn District Attorney, investigator Robert Burton analyzed the leading digits of the amounts from 784 checks issued by seven suspect companies. The frequencies were found to be , and 0 , and those digits correspond to the leading digits of , and 9 , respectively. If the observed frequenciesare substantially different from the frequencies expected with Benford's Law, the check amounts appear to result from fraud. Use a significance level to test for goodness-of-fit with Benford's Law. What is the value of the test statistic? Does it appear that the checks are the result of fraud?
A) It does appear that the checks are the result of fraud.
B) It does not appear that the checks are the result of fraud.
C) It does appear that the checks are the result of fraud.
D) It does not appear that the checks are the result of fraud.
Correct Answer:
Verified
Q35: A table summarizes the success and failures
Q38: Describe the null hypothesis for the
Q39: A researcher wishes to test the
Q41: The following table represents the number
Q42: For a test of independence, the population
Q45: In studying the occurrence of genetic
Q47: The following table represents the number
Q50: Which statement is not true for goodness-of
Q54: Which of the following is not a
Q60: In conducting a goodness-of-fit test, a requirement
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents