Many phenomena – from stock market prices to census data to heat capacities of chemicals – obey Benford’s Law. This law states that for a set of numerical data, the proportion of numbers starting with the digit ? is approximately log10 (1 +1/D) Show that Benford’s Law predicts that around 30% of numbers will start with a 1, and around 18% will start with a 2. What proportion of numbers does the law predict will start with a 9?   Without using your calculators, show that 9∑ log10 (1 + 1/D)=1 D=1

Advanced Engineering Mathematics
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ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
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Many phenomena – from stock market prices to census data to heat capacities
of chemicals – obey Benford’s Law. This law states that for a set of numerical
data, the proportion of numbers starting with the digit ? is approximately log10 (1 +1/D)

Show that Benford’s Law predicts that around 30% of numbers will start
with a 1, and around 18% will start with a 2.

What proportion of numbers does the law predict will start with a 9?

 

Without using your calculators, show that

9∑ log10 (1 + 1/D)=1
D=1

 

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