Question
Benford's Law is a description of the frequency distribution of the leading digits in real-life numerical data sets.The law states that the leading digit of
Benford's Law is a description of the frequency distribution of the leading digits in real-life numerical data sets.The law states that the leading digit of a naturally occurring data set is likely to be small.For instance, the number one has the highest probability of being the leading digit of a larger number, followed by two, etc.The probability distribution follows the formula P(d)=log_10(d+1)/d, where "d" is a single digit 1, 2, 3, 4, 5, 6, 7, 8, or 9.
Though this is called a law, it is susceptible to not being true for many data sets.For this assignment, I would like you to find two naturally occurring data set of numbers (no simulations, or random draws).One set should follow Benford's Law, and one set should fail Benford's Law.I would like a plot of each data set with an overlay of Benford's Law's curve.Then an explanation of why Benford's Law failed with your particular data set.
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