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An Introduction to Benford's Law
Author: Arno Berger

ISBN: 9780691163062
Format: Hardcover
Number Of Pages: 256
Published: 10 May 2015
Country of Publication: US
Dimensions (cm): 22.9 x 15.2 x 2.0
Description:


This book provides the first comprehensive treatment of Benford's law, the surprising logarithmic distribution of significant digits discovered in the late nineteenth century. Establishing the mathematical and statistical principles that underpin this intriguing phenomenon, the text combines up-to-date theoretical results with overviews of the law's colorful history, rapidly growing body of empirical evidence, and wide range of applications.

An Introduction to Benford's Law begins with basic facts about significant digits, Benford functions, sequences, and random variables, including tools from the theory of uniform distribution. After introducing the scale-, base-, and sum-invariance characterizations of the law, the book develops the significant-digit properties of both deterministic and stochastic processes, such as iterations of functions, powers of matrices, differential equations, and products, powers, and mixtures of random variables. Two concluding chapters survey the finitely additive theory and the flourishing applications of Benford's law.

Carefully selected diagrams, tables, and close to 150 ...

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