Definition of Benford's Law in US English:

Benford's Law

nounˈbenfərdz ˌlôˈbenfərdz ˌlô

Mathematics

The principle that in any large, randomly produced set of natural numbers, such as tables of logarithms or corporate sales statistics, around 30 percent will begin with the digit 1, 18 percent with 2, and so on, with the smallest percentage beginning with 9. The law is applied in analyzing the validity of statistics and financial records.
Example sentencesExamples
- Statistical sleuths are using a software package based on Benford's Law - which predicts how many times a given digit appears at the beginning or end of numbers within a data set - to ferret out accounting inconsistencies.
- Do their initial digits conform to Benford's Law?
- It describes how to use Excel and Benford's Law to detect irregularities in large data sets, which can monitor business financial statements for suspected fraud.
- It is very difficult for people to make up credible numbers, as invented numbers are unlikely to follow Benford's law.
- This relationship shown in the graph is known as Benford's Law, and is becoming more and more useful as we understand it better.

Origin

Named for US physicist Frank Benford, whose 1938 paper demonstrated the statistical validity of the phenomenon.

Definition of Benford's Law in US English:

Benford's Law

nounˈbenfərdz ˌlô

Mathematics

The principle that in any large, randomly produced set of natural numbers, such as tables of logarithms or corporate sales statistics, around 30 percent will begin with the digit 1, 18 percent with 2, and so on, with the smallest percentage beginning with 9. The law is applied in analyzing the validity of statistics and financial records.
Example sentencesExamples
- It describes how to use Excel and Benford's Law to detect irregularities in large data sets, which can monitor business financial statements for suspected fraud.
- This relationship shown in the graph is known as Benford's Law, and is becoming more and more useful as we understand it better.
- Do their initial digits conform to Benford's Law?
- Statistical sleuths are using a software package based on Benford's Law - which predicts how many times a given digit appears at the beginning or end of numbers within a data set - to ferret out accounting inconsistencies.
- It is very difficult for people to make up credible numbers, as invented numbers are unlikely to follow Benford's law.

Origin

Named for US physicist Frank Benford, whose 1938 paper demonstrated the statistical validity of the phenomenon.

单词	Benford's Law
释义	Definition of Benford's Law in US English: Benford's Law nounˈbenfərdz ˌlôˈbenfərdz ˌlô Mathematics The principle that in any large, randomly produced set of natural numbers, such as tables of logarithms or corporate sales statistics, around 30 percent will begin with the digit 1, 18 percent with 2, and so on, with the smallest percentage beginning with 9. The law is applied in analyzing the validity of statistics and financial records. Example sentencesExamples Statistical sleuths are using a software package based on Benford's Law - which predicts how many times a given digit appears at the beginning or end of numbers within a data set - to ferret out accounting inconsistencies. Do their initial digits conform to Benford's Law? It describes how to use Excel and Benford's Law to detect irregularities in large data sets, which can monitor business financial statements for suspected fraud. It is very difficult for people to make up credible numbers, as invented numbers are unlikely to follow Benford's law. This relationship shown in the graph is known as Benford's Law, and is becoming more and more useful as we understand it better. Origin Named for US physicist Frank Benford, whose 1938 paper demonstrated the statistical validity of the phenomenon. Definition of Benford's Law in US English: Benford's Law nounˈbenfərdz ˌlô Mathematics The principle that in any large, randomly produced set of natural numbers, such as tables of logarithms or corporate sales statistics, around 30 percent will begin with the digit 1, 18 percent with 2, and so on, with the smallest percentage beginning with 9. The law is applied in analyzing the validity of statistics and financial records. Example sentencesExamples It describes how to use Excel and Benford's Law to detect irregularities in large data sets, which can monitor business financial statements for suspected fraud. This relationship shown in the graph is known as Benford's Law, and is becoming more and more useful as we understand it better. Do their initial digits conform to Benford's Law? Statistical sleuths are using a software package based on Benford's Law - which predicts how many times a given digit appears at the beginning or end of numbers within a data set - to ferret out accounting inconsistencies. It is very difficult for people to make up credible numbers, as invented numbers are unlikely to follow Benford's law. Origin Named for US physicist Frank Benford, whose 1938 paper demonstrated the statistical validity of the phenomenon.
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