28.06.2024.
Scientific article
AN OVERVIEW OF THE DISTRIBUTIONS OF CLAIMS USED IN NON-LIFE INSURANCE THAT CONFORM TO BENFORD'S LAW
Benford's law, known as the law of the first digit, is used as a basic method to identify possible manipulation, or errors dеtection, in a large data set. Namely, according to that law, the first digits of the corresponding data set appear with a frequency determined according to the decreasing logarithmic law, which is contrary to the intuition ab...
By Jelena Stanojević, Vesna Rajić