Abstract
The Newcomb-Benford law, also known as Benford’s law or the first-digit law, applies to many tabulated sets of real-world data. It states that the probability that the first significant digit is n, (n ∈ {1,2,3,4,5,6,7,8,9}) is given by log(1+ 1/n). The law has been verified empirically with widely differing data sets. In the present paper it is shown that it does not necessarily follow from the requirement of scale invariance alone, as has been claimed. This condition is necessary, but not sufficient. In addition, it is necessary to consider the properties of certain finite subsets of the set of rational numbers.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
