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We discuss a common suspicion about reported financial data, in 10 industrial sectors of the 6 so called "main developing countries" over the time interval [2000-2014]. These data are examined through Benford's law first significant digit…

Statistical Finance · Quantitative Finance 2017-12-04 Jing Shi , Marcel Ausloos , Tingting Zhu

Large Language Models (LLMs) exhibit impressive performance on complex reasoning tasks, yet they frequently fail on basic numerical problems, producing incorrect outputs. Inspired by Benford's Law, a statistical pattern in which lower…

Computation and Language · Computer Science 2025-12-01 Jiandong Shao , Yao Lu , Jianfei Yang

Benford's law is often used as a support to critical decisions related to data quality or the presence of data manipulations or even fraud. However, many authors argue that conventional statistical tests will reject the null of data…

Methodology · Statistics 2022-06-16 Roy Cerqueti , Claudio Lupi

Benford's law is the statement that in many real world data sets, the probability of having digit $d$ in base $B$ as the first digit is \log_{B}\!\left(\frac{d+1}{d}\right) for all $1 \leq d \leq B$. We sometimes refer to this as weak…

Probability · Mathematics 2026-03-06 Bruce Fang , Steven J. Miller

A phenomenological law, called Benford's law, states that the occurrence of the first digit, i.e., $1,2,...,9$, of numbers from many real world sources is not uniformly distributed, but instead favors smaller ones according to a logarithmic…

High Energy Physics - Phenomenology · Physics 2010-04-22 Lijing Shao , Bo-Qiang Ma

This article provides a brief overview on a range of basic dynamical systems that conform to the logarithmic distribution of significant digits known as Benford's law. As presented here, most theorems are special cases of known, more…

Dynamical Systems · Mathematics 2025-01-27 Arno Berger , Theodore P. Hill

Benford's law, or the law of the first significant digit, has been subjected to numerous studies due to its unique applications in financial fields, especially accounting and auditing. However, studies that addressed the law's establishment…

General Economics · Economics 2025-01-07 M. R. Sarkandiz

The first digit law, also known as Benford's law or the significant digit law, is an empirical phenomenon that the leading digit of numbers from real world sources favors small ones in a form $\log(1+{1}/{d})$, where $d=1, 2, ..., 9$. Such…

Other Statistics · Statistics 2019-08-14 Mingshu Cong , Bo-Qiang Ma

Benford's law states that in data sets from different phenomena leading digits tend to be distributed logarithmically such that the numbers beginning with smaller digits occur more often than those with larger ones. Particularly, the law is…

Physics and Society · Physics 2016-01-12 Tariq Ahmad Mir

The so-called Benford's laws are of frequent use in order to observe anomalies and regularities in data sets, in particular, in election results and financial statements. Yet, basic financial market indices have not been much studied, if…

Statistical Finance · Quantitative Finance 2021-04-28 Marcel Ausloos , Valerio Ficcadenti , Gurjeet Dhesi , Muhammad Shakeel

That the logarithmic distribution manifests itself in the random as well as in the deterministic (multiplication processes) has long intrigued researchers in Benford's Law. In this article it is argued that it springs from one common…

Statistics Theory · Mathematics 2012-11-01 Alex Ely Kossovsky

Mathematical inequalities, combined with atomic-physics sum rules, enable one to derive lower and upper bounds for the Rosseland and/or Planck mean opacities. The resulting constraints must be satisfied, either for pure elements or…

Atomic Physics · Physics 2023-11-17 Jean-Christophe Pain , Patricia Croset

A statistical model for the fragmentation of a conserved quantity is analyzed, using the principle of maximum entropy and the theory of partitions. Upper and lower bounds for the restricted partitioning problem are derived and applied to…

Data Analysis, Statistics and Probability · Physics 2015-03-31 Joseph R. Iafrate , Steven J. Miller , Frederick W. Strauch

In many real life situations, it is observed that the first digits (i.e., $1,2,\ldots,9$) of a numerical data-set, which is expressed using decimal system, do not follow a random distribution. Instead, smaller numbers are favoured by nature…

Earth and Planetary Astrophysics · Physics 2022-06-10 Abhishek Shukla , Ankit Kumar Pandey , Anirban Pathak

This article presents a concise proof of the famous Benford's law when the distribution has a Riemann integrable probability density function and provides a criterion to judge whether a distribution obeys the law. The proof is intuitive and…

Statistics Theory · Mathematics 2024-08-07 Luohan Wang , Bo-Qiang Ma

Researchers have observed that the frequencies of leading digits in many man-made and naturally occurring datasets follow a logarithmic curve, with digits that start with the number 1 accounting for $\sim 30\%$ of all numbers in the dataset…

Computation and Language · Computer Science 2022-12-22 Leo Hsu , Visar Berisha

We show that the frequency distribution of the first significant digits of the numbers in the data sets generated from a large class of measures of quantum correlations, which are either entanglement measures, or belong to the…

Quantum Physics · Physics 2016-07-28 Titas Chanda , Tamoghna Das , Debasis Sadhukhan , Amit Kumar Pal , Aditi Sen De , Ujjwal Sen

We show how Benford's Law (BL) for first, second, ..., digits, emerges from the distribution of digits of numbers of the type $a^{R}$, with $a$ any real positive number and $R$ a set of real numbers uniformly distributed in an interval $[…

Probability · Mathematics 2009-09-22 Victor Romero-Rochin

It is well-known that sequences such as the Fibonacci numbers and the factorials satisfy Benford's Law, that is, leading digits in these sequences occur with frequencies given by $P(d)=\log_{10}(1+1/d)$, $d=1,2,\dots,9$. In this paper, we…

Number Theory · Mathematics 2021-08-10 Zhaodong Cai , A. J. Hildebrand , Junxian Li

We explore the possibility of using machine learning to identify interesting mathematical structures by using certain quantities that serve as fingerprints. In particular, we extract features from integer sequences using two empirical laws:…

Machine Learning · Computer Science 2018-09-11 Chai Wah Wu