Benford's law

GPTKB entity

Statements (52)
Predicate Object
gptkbp:instanceOf statistical law
gptkbp:alsoKnownAs gptkb:First-digit_law
gptkbp:appliesTo gptkb:financial_services_company
stock prices
populations
death rates
physical constants
many real-life sources of data
river lengths
street addresses
gptkbp:category gptkb:mathematics
gptkb:probability_theory
statistics
gptkbp:compatibleWith assigned numbers (e.g., telephone numbers)
data sets with imposed minimums or maximums
gptkbp:describes frequency distribution of leading digits in numerical data
gptkbp:firstDescribed gptkb:Simon_Newcomb
gptkbp:firstDigit 2
1
3
4
5
6
7
8
9
gptkbp:firstDigitProbability P(d) = log10(1 + 1/d)
gptkbp:form scale invariance
base invariance
https://www.w3.org/2000/01/rdf-schema#label Benford's law
gptkbp:namedAfter gptkb:Frank_Benford
gptkbp:probabilityFirstDigit1 ~30.1%
gptkbp:probabilityFirstDigit2 ~17.6%
gptkbp:probabilityFirstDigit3 ~12.5%
gptkbp:probabilityFirstDigit4 ~9.7%
gptkbp:probabilityFirstDigit5 ~7.9%
gptkbp:probabilityFirstDigit6 ~6.7%
gptkbp:probabilityFirstDigit7 ~5.8%
gptkbp:probabilityFirstDigit8 ~5.1%
gptkbp:probabilityFirstDigit9 ~4.6%
gptkbp:relatedTo logarithmic distribution
gptkbp:state in many naturally occurring collections of numbers, the leading digit is likely to be small
gptkbp:usedIn accounting
fraud detection
election data analysis
forensic data analysis
scientific data validation
gptkbp:yearDescribedByBenford 1938
gptkbp:yearDescribedByNewcomb 1881
gptkbp:bfsParent gptkb:Cindy_Benford_Merrill
gptkb:Simon_Newcomb
gptkbp:bfsLayer 6