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Benford's law for exponential random variables

Hans-Andreas Engel and Christoph Leuenberger

Statistics & Probability Letters, 2003, vol. 63, issue 4, 361-365

Abstract: Benford's law assigns the probability log10(1+1/d) for finding a number starting with specific significant digit d. We show that exponentially distributed numbers obey this law approximatively, i.e., within bounds of 0.03.

Keywords: Benford's; law; Significant; digit; law; Exponential; distribution (search for similar items in EconPapers)
Date: 2003
References: View complete reference list from CitEc
Citations: View citations in EconPapers (7)

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