Fire insurance claims
Fire Insurance is protection for your property against losses or damage caused by fire and lightning. The dataset fireinsuranceclaims
contains the last 40,000 costs paid by an insurance company in Belgium for fire insurance.
The package benford.analysis
has been loaded for you. It will output several plots, but you should only focus on the first plot to check the conformity.
This exercise is part of the course
Fraud Detection in R
Hands-on interactive exercise
Have a go at this exercise by completing this sample code.
# Validate data against Benford's Law using first digit
bfd.ins <- benford(___, number.of.digits = ___)
plot(bfd.ins, except=c("second order", "summation", "mantissa", "chi squared","abs diff", "ex summation", "Legend"), multiple = F)