Final answer:
Fraud is usually detected by recognizing and pursuing symptoms. Symptoms are indicators or signs that can suggest the presence of fraud. Vigilance and knowledge, combined with an understanding of basic theories of statistics and critical analysis of statistical studies, can help in identifying and pursuing fraud.
Step-by-step explanation:
Fraud is usually detected by recognizing and pursuing symptoms. Symptoms are indicators or signs that can suggest the presence of fraud. For example, unusual financial activity, inconsistencies in records, or unexplained discrepancies can be symptoms of fraud.
In order to detect fraud, individuals and organizations need to stay vigilant and have knowledge about fraud detection techniques. Vigilance and knowledge, combined with an understanding of basic theories of statistics and critical analysis of statistical studies, can help in identifying and pursuing fraud.