TITLE

Benford's Law Strikes Back: No Simple Explanation in Sight for Mathematical Gem

AUTHOR(S)
Berger, Arno; Hill, Theodore
PUB. DATE
March 2011
SOURCE
Mathematical Intelligencer;Mar2011, Vol. 33 Issue 1, p85
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
In this article, the authors discuss the issues in the Benford's Law (BL) or the first-digit phenomenon. The authors state that BL is used in mathematical statistics. They add that BL implies that significant figures in datasets follow a specific logarithmic distribution. They mention that Dr. Frank Benford, creator of the Benford's law, stated that the law applies to random variables without known relationships.
ACCESSION #
58696796

 

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