Benford's Law states that the first nonzero digits of numbers drawn at random from a large complex data file have the following probability distribution.t First Nonzero Digit 4 9. 0.046 0.301 0.176 0.079 0.067 0.058 Probability 0.125 0.097 0.051 Suppose that n = 275 numerical entries were drawn at random from a large accounting file of a major corporation. The first nonzero digits were recorded for the sample. First Nonzero Digit 4 33 26 Sample Frequency 75 54 23 18 13 17 16 Use a 1% level of significance to test the claim that the distribution of first nonzero digits in this accounting file follows Benford's Law. (a) What is the level of significance?
Benford's Law states that the first nonzero digits of numbers drawn at random from a large complex data file have the following probability distribution.t First Nonzero Digit 4 9. 0.046 0.301 0.176 0.079 0.067 0.058 Probability 0.125 0.097 0.051 Suppose that n = 275 numerical entries were drawn at random from a large accounting file of a major corporation. The first nonzero digits were recorded for the sample. First Nonzero Digit 4 33 26 Sample Frequency 75 54 23 18 13 17 16 Use a 1% level of significance to test the claim that the distribution of first nonzero digits in this accounting file follows Benford's Law. (a) What is the level of significance?
MATLAB: An Introduction with Applications
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Author:Amos Gilat
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(b) Find the value of the chi-square statistic for the sample. (Round the expected frequencies to at least three decimal places. Round the test statistic to three decimal places.)
What are the degrees of freedom?
![Benford's Law states that the first nonzero digits of numbers drawn at random from a large complex data file have the following probability distribution.t
First Nonzero Digit
4
9.
0.046
0.301
0.176
0.079
0.067
0.058
Probability
0.125
0.097
0.051
Suppose that n = 275 numerical entries were drawn at random from a large accounting file of a major corporation. The first nonzero digits were recorded for the sample.
First Nonzero Digit
4
33
26
Sample Frequency
75
54
23
18
13
17
16
Use a 1% level of significance to test the claim that the distribution of first nonzero digits in this accounting file follows Benford's Law.
(a) What is the level of significance?](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Ffc10228f-3a2e-4a24-9e76-51af60998a9e%2Fac162ceb-3307-4933-8a67-400aa14be5f2%2F0vi6cki.png&w=3840&q=75)
Transcribed Image Text:Benford's Law states that the first nonzero digits of numbers drawn at random from a large complex data file have the following probability distribution.t
First Nonzero Digit
4
9.
0.046
0.301
0.176
0.079
0.067
0.058
Probability
0.125
0.097
0.051
Suppose that n = 275 numerical entries were drawn at random from a large accounting file of a major corporation. The first nonzero digits were recorded for the sample.
First Nonzero Digit
4
33
26
Sample Frequency
75
54
23
18
13
17
16
Use a 1% level of significance to test the claim that the distribution of first nonzero digits in this accounting file follows Benford's Law.
(a) What is the level of significance?
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