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Benford's Law

Syllabification: Ben·ford's Law
Pronunciation: /ˈbenfərdz ˌlô/

Entry from US English dictionary

Definition of Benford's Law in English:

noun

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.

Origin

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

Definition of Benford's Law in:

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