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Benford's law
DEFINITIONS OF:
Benford's law
1
n
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”
Type of:
law
,
law of nature
a generalization that describes recurring facts or events in nature
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