Comments on: Fun (and Fraud Detection) with Benford’s Law

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By: Bill

Bill — Thu, 02 Jun 2011 11:55:05 +0000

I wonder how this applies to white noise static? How about to breaking numeric codes? At one point we had an algorithm that required a random number set to simulate background noise so we took random numbers from a calculator to provide the data. Based on Benford’s Law, I wonder if the resulting algorithm was accurate or not…

By: anonymous

anonymous — Sun, 19 Dec 2010 05:37:15 +0000

Does anyone here recognize the correlation of this principle and the golden ratio?
*Gather data sets into separate bins
*Analyze mean data of all bins into one “0-9″ data points.
*Total of all Figures = total ‘area’ of perfect rectangle.
*Divide total by each number; highest to lowest.
The result should be a close representation of the ratios of areas of golden triangles descending order.
Maybe a derivative of the Fibonacci sequence the same way Pareto’s Law is, but interesting just the same.