How data mining can be used to detect fraud
often confronted with the challenge of detecting tax evasion and fraud. Imagine
you work at the income tax department. All residents and businesses of the
country earning income should file tax information electronically along with
their tax payment.
– How could you use data mining concepts to help detect
fraud?
– What kinds of fraud can you detect?
– Explicitly state your assumptions.
– Purely by data mining techniques, can you confirm that an
individual has committed fraud? Provide reasons.
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