Benford’s Law

Benford’s Law

Random surfing on this lazy Sunday brought me to this article. The stuff about the logarithms was bit over my liberal-arts head, but it all came together for me at the end with the example using the Dow Jones index.

I guess “1” really isn’t the loneliest number after all. Who knew? Benford.

One thought on “Benford’s Law”

  1. Mom

    Well, I read it. That stuff makes me feel very undereducated and easy to fool. I guess I would need a set of Tinker Toys to visualize it and possibly feel less stupid, but I’m not sure. Probability of .3 that it would work. :)

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