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Related papers: Variations on the Newcomb-Benford Law

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The Newcomb-Benford law, also known as the first-digit law, gives the probability distribution associated with the first digit of a dataset, so that, for example, the first significant digit has a probability of $30.1$ % of being $1$ and…

Popular Physics · Physics 2021-08-25 Andrea Burgos , Andrés Santos

Many systems exhibit a digit bias. For example, the first digit base 10 of the Fibonacci numbers, or of $2^n$, equals 1 not 10% or 11% of the time, as one would expect if all digits were equally likely, but about 30% of the time. This…

Many mathematical, man-made and natural systems exhibit a leading-digit bias, where a first digit (base 10) of 1 occurs not 11\% of the time, as one would expect if all digits were equally likely, but rather 30\%. This phenomenon is known…

The first digit (FD) phenomenon i.e., the significant digits of numbers in large data are often distributed according to a logarithmically decreasing function was first reported by S. Newcomb and then many decades later independently by F.…

Physics and Society · Physics 2026-02-03 Tariq Ahmad Mir , Marcel Ausloos

Nature and our world have a bias! Roughly $30\%$ of the time the number $1$ occurs as the leading digit in many datasets base $10$. This phenomenon is known as Benford's law and it arrises in diverse fields such as the stock market,…

Probability · Mathematics 2023-08-16 Irfan Durmić , Steven J. Miller

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

The probability that a number in many naturally occurring tables of numerical data has first significant digit $d$ is predicted by Benford's Law ${\rm Prob} (d) = \log_{10} (1 + {\displaystyle{1\over d}}), d = 1, 2 >..., 9$. Illustrations…

Statistics Theory · Mathematics 2007-06-13 Zhipeng Li , Lin Cong , Huajia Wang

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

The occurrence of digits 1 through 9 as the leftmost nonzero digit of numbers from real-world sources is distributed unevenly according to an empirical law, known as Benford's law or the first digit law. It remains obscure why a variety of…

Other Statistics · Statistics 2019-05-02 Mingshu Cong , Congqiao Li , Bo-Qiang Ma

Benford's Law states that the frequency of first digits of numbers in naturally occurring systems is not evenly distributed. Numbers beginning with a 1 occur roughly 30\% of the time, and are six times more common than numbers beginning…

Social and Information Networks · Computer Science 2016-02-17 Jennifer Golbeck

The occurrence of first significant digits of numbers in large data is often governed by a logarithmically decreasing distribution called Benford's law (BL), reported first by S. Newcomb (SN) and many decades later independently by F.…

Digital Libraries · Computer Science 2016-03-22 Tariq Ahmad Mir

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

Benford's Law describes the finding that the distribution of leading (or leftmost) digits of innumerable datasets follows a well-defined logarithmic trend, rather than an intuitive uniformity. In practice this means that the most common…

Data Analysis, Statistics and Probability · Physics 2013-11-20 Aaron D. Slepkov , Kevin B. Ironside , David DiBattista

Benford's law is widely used for fraud-detection nowadays. The underlying assumption for using the law is that a "regular" dataset follows the significant digit phenomenon. In this paper, we address the scenario where a shrewd fraudster…

Applications · Statistics 2021-05-21 Javad Kazemitabar

Benford's law predicts the occurrence of the $n^{\mathrm{th}}$ digit of numbers in datasets originating from various sources of the world, ranging from financial data to atomic spectra. It is intriguing that although many features of…

Popular Physics · Physics 2014-09-11 T. Alexopoulos , S. Leontsinis

The uneven distribution of digits in numerical data, known as Benford's law, was discovered in 1881. Since then, this law has been shown to be correct in copious numerical data relating to economics, physics and even prime numbers. Although…

Discrete Mathematics · Computer Science 2009-07-28 Oded Kafri

Benford's law is an empirical law predicting the distribution of the first significant digits of numbers obtained from natural phenomena and mathematical tables. It has been found to be applicable for numbers coming from a plethora of…

Quantum Physics · Physics 2014-09-05 Ameya Deepak Rane , Utkarsh Mishra , Anindya Biswas , Aditi Sen De , Ujjwal Sen

Benford's law is an empirical edict stating that the lower digits appear more often than higher ones as the first few significant digits in statistics of natural phenomena and mathematical tables. A marked proportion of such analyses is…

Quantum Physics · Physics 2018-07-16 Anindita Bera , Utkarsh Mishra , Sudipto Singha Roy , Anindya Biswas , Aditi Sen De , Ujjwal Sen

Benford's law describes a common phenomenon among many naturally occurring data sets and distributions in which the leading digits of the data are distributed with the probability of a first digit of $d$ base $B$ being…

Probability · Mathematics 2019-10-30 Rebecca F. Durst , Steven J. Miller

Benford's law is a statistical inference to predict the frequency of significant digits in naturally occurring numerical databases. In such databases this law predicts a higher occurrence of the digit 1 in the most significant place and…

Data Analysis, Statistics and Probability · Physics 2016-01-20 Gaurav Bhole , Abhishek Shukla , T. S. Mahesh
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