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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

Benford's law is an empirical ``law'' governing the frequency of leading digits in numerical data sets. Surprisingly, for mathematical sequences the predictions derived from it can be uncannily accurate. For example, among the first billion…

Probability · Mathematics 2020-04-28 Zhaodong Cai , Matthew Faust , A. J. Hildebrand , Junxian Li , Yuan Zhang

This article presents a modern deterministic framework for the study of leading significant digit distributions in numerical data. Rather than relying on traditional probabilistic or mixture-based explanations, we demonstrate that the…

Machine Learning · Statistics 2025-08-20 Vladimir Berman

According to Benford's law, the most significant digit in many datasets is not uniformly distributed, but obeys a well defined power law distribution with smaller digits appearing more often. Among one of the myriad particle physics…

Physics and Society · Physics 2018-05-18 Aisha Dantuluri , Shantanu Desai

We show the leading digits of a variety of systems satisfying certain conditions follow Benford's Law. For each system proving this involves two main ingredients. One is a structure theorem of the limiting distribution, specific to the…

Number Theory · Mathematics 2015-06-26 Alex V. Kontorovich , Steven J. Miller

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

The occurrence of the nonzero leftmost digit, i.e., 1, 2, ..., 9, of numbers from many real world sources is not uniformly distributed as one might naively expect, but instead, the nature favors smaller ones according to a logarithmic…

Data Analysis, Statistics and Probability · Physics 2014-11-21 Lijing Shao , Bo-Qiang Ma

In the literature, Benford's Law is considered for base-b expansions where b>1 is an integer. In this paper, we investigate the distribution of leading "digits" of a sequence of positive integers under other expansions such as Zeckendorf…

Number Theory · Mathematics 2023-09-04 Sungkon Chang , Steven J. Miller

Benford's law is frequently used to evaluate the likihood that data is misrepresentative. Typically statistical tests measure the likihood. Another method of employing Benford's law is to compare the frequency of leading digits to the…

Statistics Theory · Mathematics 2013-01-28 Aaron Carl Smith

In this paper, we will see that the proportion of d as p th digit, where p > 1 and d $\in$ 0, 9, in data (obtained thanks to the hereunder developed model) is more likely to follow a law whose probability distribution is determined by a…

Other Statistics · Statistics 2018-05-04 Stéphane Blondeau da Silva

The Newcomb-Benford Law, which is also called the first digit phenomenon, has applications in diverse phenomena ranging from social and computer networks, engineering systems, natural sciences, and accounting. In forensics, it has been used…

Physics and Society · Physics 2018-06-19 Subhash Kak

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

According to Benford's Law, many data sets have a bias towards lower leading digits (about $30\%$ are $1$'s). The applications of Benford's Law vary: from detecting tax, voter and image fraud to determining the possibility of match-fixing…

We provide general expressions for the joint distributions of the $k$ most significant $b$-ary digits and of the $k$ leading continued fraction coefficients of outcomes of an arbitrary continuous random variable. Our analysis highlights the…

Probability · Mathematics 2024-02-13 Félix Balado , Guénolé C. M. Silvestre

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

Suppose that in a multiple choice examination the leading digit of the correct options follows Benford's Law, while the the leading digit of the distractors are uniform. Consider a strategy for guessing at answers that selects the option…

Data Analysis, Statistics and Probability · Physics 2014-05-07 Fred M. Hoppe

We study the individual digits for the absolute value of the characteristic polynomial for the Circular $\beta$-Ensemble. We show that, in the large $N$ limit, the first digits obey Benford's Law and the further digits become uniformly…

Probability · Mathematics 2023-12-19 Nedialko Bradinoff , Maurice Duits

Benford's law states that for many random variables X > 0 its leading digit D = D(X) satisfies approximately the equation P(D = d) = log_{10}(1 + 1/d) for d = 1,2,...,9. This phenomenon follows from another, maybe more intuitive fact,…

Probability · Mathematics 2008-06-25 Lutz Duembgen , Christoph Leuenberger

Considering the first significant digits (noted d) in data sets of dissipation for turbulent flows, the probability to find a given number (d=1 or 2 or... 9) would be 1/9 for an uniform distribution. Instead the probability closely follows…

Fluid Dynamics · Physics 2015-11-18 Damien Biau

A simple method to derive parametric analytical extensions of Benford's law for first digits of numerical data is proposed. Two generalized Benford distributions are considered, namely the two-sided power Benford distribution and the new…

Statistics Theory · Mathematics 2007-06-13 Werner Hurlimann