Question

How does Benford’s Law work?

Answer 1

Answer:

Benford's law applies to data sets which are approximately logarithmic. Benford's law states that, in a logarithmic data set, the first digit of each data point will be 1 about 30.1% of time. ... Benford's law states that, in a logarithmic data set, the first digit of each data point will be 1 about 30.1% of time.

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Answer 2

Answer:

Benford's law is an observation about the leading digits of the numbers found in real-world data sets. Intuitively, one might expect that the leading digits of these numbers would be uniformly distributed so that each of the digits from 1 to 9 is equally likely to appear.

Explanation:

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