Est. Budget: $300.00
The owner of a convenience store has been suffering “leakage” from the till. Ian Steele has confessed to theft of a small amount, but the financial results of the store suggest that a much greater amount is missing. The statistical issue is to try to estimate how much was really stolen and the period over which the thefts occurred, but the case also provides a rich learning experience on how theft can be detected in time series data. Many analysis ...