benford's law
Definition of
benford's law
:
a
law
used
by
auditors to
identify
fictitious
populations of
numbers
; applies to
any
population
of
numbers
derived
from
other
numbers
;
"Benford'
s
law
holds that
30
% of the
time
the
first
non
-
zero
digit
of
a
derived
number
will
be
1
and
it
will
be
9
only
4
.
6
% of the
time
"
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