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t is a striking fact that the first digits of numbers in legitimate records often follow a distribution known as Benford's law. Here t is: First digit 1 2 3 4. 6. 7 8. 9. Proportion 0.301 0.176 0.125 0.097 0.079 0.067 0.058 0.051 0.046 Fake records usually have fewer first digits 1, 2, and 3. What is the approximate probability, if Benford's law holds, that among 1000 randomly chosen invoices there are 565 or fewer amounts with first digit 1, 2, or 3? Give your answer to four decimal places. probability:

t is a striking fact that the first digits of numbers in legitimate records often follow a distribution known as Benford's law. Here t is: First digit 1 2 3 4. 6. 7 8. 9. Proportion 0.301 0.176 0.125 0.097 0.079 0.067 0.058 0.051 0.046 Fake records usually have fewer first digits 1, 2, and 3. What is the approximate probability, if Benford's law holds, that among 1000 randomly chosen invoices there are 565 or fewer amounts with first digit 1, 2, or 3? Give your answer to four decimal places. probability:

MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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It is a striking fact that the first digits of numbers in legitimate records often follow a distribution known as Benford's law. Here it is: First digit 1 3 4 5 7 8. Proportion 0.301 0.176 0.125 0.097 0.079 0.067 0.058 0.051 0.046 Fake records usually have fewer first digits 1, 2, and 3. What is the approximate probability, if Benford's law holds, that among 1000 randomly chosen invoices there are 565 or fewer amounts with first digit 1, 2, or 3? Give your answer to four decimal places. probability:
Transcribed Image Text:It is a striking fact that the first digits of numbers in legitimate records often follow a distribution known as Benford's law. Here it is: First digit 1 3 4 5 7 8. Proportion 0.301 0.176 0.125 0.097 0.079 0.067 0.058 0.051 0.046 Fake records usually have fewer first digits 1, 2, and 3. What is the approximate probability, if Benford's law holds, that among 1000 randomly chosen invoices there are 565 or fewer amounts with first digit 1, 2, or 3? Give your answer to four decimal places. probability:
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