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Beuford Law Case Examine a statistically large data set (about 2'30 or more items}. This data set must represent a human stimulus and response situation.
Beuford Law Case Examine a statistically large data set (about 2'30 or more items}. This data set must represent a human stimulus and response situation. Benford's Law states that in these human stimulus and response situations. the leading digit of " 1" should happen about 30.1% of the time, the leading digit of "2" should happen about 116196 of the time. etc- So, for this case: 1. Download at least about 20D rows of Excel data which reects human stimulus and response. 2. Extract the leading digit using the LEFT formula in Excel. 3. Count the number of each leading digit. 4. 5. Compare the percentage of each leading digit with that forecast by Benford's Law. Write the conclusion of your ndings
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