
#1
Dec1511, 01:07 AM

P: 55

http://en.wikipedia.org/wiki/Benford's_law
Anyone here have their own examples? I found it applies to the tonnage of steel beam produced where I am working.30% of the time the weight started with a one. 



#2
Jan412, 08:59 AM

P: 272

It's important to understand why Benford's works (because there are many causes where false positives and false negatives can occur). Basically you have to have a random process generating the numbers.
A simply accounting example that doesn't pass Benford yet is perfectly legitimate is an ensemble of cash flows resulting from a fixed contractual amount. It's also quite easy to fake a Benford distribution. 


Register to reply 
Related Discussions  
I need Examples?  Biology  2  
Benford's Law And A Theory of Everything:  General Physics  0  
Articles on Benford's Law  General Math  0  
limit definition examples  Set Theory, Logic, Probability, Statistics  10  
can't think of 2 examples  Introductory Physics Homework  1 