Detecting Fraud Using Benford’s Law: Mathematical Details

… Benford’s Law says that naturally occurring numbers that span several orders of magnitude (i.e., differing numbers of digits, or differing powers of 10 when written in scientific notation like 3.15 x 102) should start with “1” 30.1% of the time, and they should start with “9” only 4.6% of the time.

Reference: Detecting Fraud Using Benford’s Law: Mathematical Details

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