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Benford's law applies to those cases where you can assume that the logarithms of the numbers are uniformly distributed. While it's perfectly reasonable to assu
by vladd 16y ago
Benford's law applies to those cases where you can assume that the logarithms of the numbers are uniformly distributed.
While it's perfectly reasonable to assume that for, let's say, Microsoft's yearly revenue, Apple's stock price, or a number series with x% average growth (for example, inflation-affected prices), it has nothing to do with this experiment.