Why a Sample of 25 Missed 12 Anomalies in a Million Payments


Pattern Chaser: Audit Analytics for Internal Audit A sample of 25 found none of them. PATTERN CHASER Audit Analytics for Internal Audit in Financial Services A sample of 25 found nothing The million-row version found all 12. One ledger. Twelve things hidden inside it. And the difference between sampling a population and reading it. Hey Reader 👋 A company makes a million payments in a year. You are going to test twenty-five of them. That is not laziness. It is the method. Draw a representative...