benford's law | Amarkosh

Meaning of word benford's law from English dictionary with examples, synonyms and antonyms.

benford's law noun

Meaning : A law used by auditors to identify fictitious populations of numbers. Applies to any population of numbers derived from other numbers.

Example : 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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