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A Comprehensive Summary of the Benford's Law Phenomenon

A Comprehensive Summary of the Benford's Law Phenomenon - Hardcover

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Availability:In StockContributor:Alex Ely KossovskyPublish date:01/31/25Pages:284
Language:EnglishPublisher:World Scientific Publishing CompanyISBN-13:9789819801282ISBN-10:9819801281UPC:9789819801282Book Category:MathematicsBook Subcategory:Probability & Statistics, AppliedBook Topic:Stochastic ProcessesSize:9.00 x 6.00 x 0.69 inchesWeight:1.2103Product ID:SCB6VG15VJ
Our digital language system writes numbers by the convenient utilisation of the ten digits 0 to 9 in much the same way as the English language system writes sentences and books by the convenient utilisation of the 26 letters A to Z. Against all common sense or intuition, the spread of these ten digits within numbers of random data is not uniform, but rather highly uneven. Benford's Law predicts that the first digit on the left-most side of numbers is proportioned between all possible digits 1 to 9 approximately according to LOG(1 + 1/digit), such that occurrences of low digits such as 1, 2, and 3 in the first position are much more frequent than occurrences of high digits such as 7, 8, and 9. Remarkably, Benford's Law is found to be valid in almost all real-life statistics, from data relating to physics, chemistry, and biology to data relating to economics, engineering, and governmental censuses. Benford's Law stands as the only common thread running through and uniting all scientific disciplines.This book represents an intense and concentrated effort by the author to narrate this digital, numerical, and quantitative story of the Benford's Law phenomenon as briefly and as concisely as possible, while still ensuring a comprehensive coverage of all its aspects, results, causes, explanations, and perspectives. The most recent research results and discoveries in this field are included within this book in such a way as to be comprehensible and engaging to readers of all proficiencies.
Language:EnglishPublisher:World Scientific Publishing CompanyISBN-13:9789819801282ISBN-10:9819801281UPC:9789819801282Book Category:MathematicsBook Subcategory:Probability & Statistics, AppliedBook Topic:Stochastic ProcessesSize:9.00 x 6.00 x 0.69 inchesWeight:1.2103Product ID:SCB6VG15VJ
Publisher: World Scientific Publishing Company

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