3 ms·

I don't think Benford's law applies here: it's about the first digit of numbers (that are distribute in a certain way), but in most cases the first digit of a p

I don't think Benford's law applies here: it's about the first digit of numbers (that are distribute in a certain way), but in most cases the first digit of a price will be denominating dollars, not cents.

dfc 14y ago
The leading digit of change is tens of cents...
- mooism2 14y ago
  The change may be more than a dollar, so tens of cents is not necessarily the leading digit.
  - dfc 14y ago
    the amount of coin change is never more than a dollar.
    - mooism2 14y ago
      The amount of coin change is the remainder left over after dividing the total change by a dollar. Thus although the total change may or may not obey Benford's Law, the coin change certainly doesn't.