Related papers: Discussion on Benford's Law and its Application
This article provides a concise overview of the main mathematical theory of Benford's law in a form accessible to scientists and students who have had first courses in calculus and probability. In particular, one of the main objectives here…
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…
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,…
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…
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…
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…
Prime numbers seem to distribute among the natural numbers with no other law than that of chance, however its global distribution presents a quite remarkable smoothness. Such interplay between randomness and regularity has motivated sci-…
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,…
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.…
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…
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 $[…
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…
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…
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…
Benford's Law describes the prevalence of small numbers as the leading digits of numbers in many sets of integers. We prove a variant of Benford's law for many positive-density subsets of the primes. This follows from a more general result…
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…
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…
The following work is written in easy language for college level students. It shows how the first digit probabilities of a group of continuous real-valued functions can be calculated. Thus, examples explaining how the probabilities are…
Benford's Law (BL) or the Significant Digit Law defines the probability distribution of the first digit of numerical values in a data sample. This Law is observed in many naturally occurring datasets. It can be seen as a measure of…
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…