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Benford's law is a famous law in statistics which states that the leading digits of random variables in diverse data sets appear not uniformly from 1 to 9; the probability that d (d=1,...,9) appears as a leading digit is given by…

Probability · Mathematics 2019-05-07 Kazufumi Ozawa

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

Kossovsky recently conjectured that the distribution of leading digits of a chain of probability distributions converges to Benford's law as the length of the chain grows. We prove his conjecture in many cases, and provide an interpretation…

Probability · Mathematics 2010-09-15 Dennis Jang , Jung Uk Kang , Alex Kruckman , Jun Kudo , Steven J. Miller

Benford's Law is an empirical law which predicts the frequency of significant digits in databases corresponding to various phenomena, natural or artificial. Although counter intuitive at the first sight, it predicts a higher occurrence of…

Data Analysis, Statistics and Probability · Physics 2014-06-30 Gaurav Bhole , Abhishek Shukla , T. S. Mahesh

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

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

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

Fix a base B and let zeta have the standard exponential distribution; the distribution of digits of zeta base B is known to be very close to Benford's Law. If there exists a C such that the distribution of digits of C times the elements of…

Probability · Mathematics 2010-11-16 Steven J. Miller , Mark. J. Nigrini

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

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…

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 states that many data sets have a bias towards lower leading digits (about $30\%$ are 1s). There are numerous applications, from designing efficient computers to detecting tax, voter and image fraud. It's important to know…

Probability · Mathematics 2016-01-20 Victoria Cuff , Allison Lewis , Steven J. Miller

Benford's Law predicts that the first significant digit on the leftmost side of numbers in real-life data is proportioned between all possible 1 to 9 digits approximately as in LOG(1 + 1/digit), so that low digits occur much more frequently…

Statistics Theory · Mathematics 2019-01-04 Alex Ely Kossovsky

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

We prove connections between Zeckendorf decompositions and Benford's law. Recall that if we define the Fibonacci numbers by $F_1 = 1, F_2 = 2$ and $F_{n+1} = F_n + F_{n-1}$, every positive integer can be written uniquely as a sum of…

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 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

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

The diverse applications of the Benford law attract investigators working in various fields of physics, biology and sociology. At the same time, the groundings of the Benford law remain obscure. Our paper demonstrates that the Benford law…

Statistics Theory · Mathematics 2015-11-19 G. Whyman , E. Shulzinger , Ed. Bormashenko

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
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