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I was curious what the theoretical distribution of digits might be, did not know that there is an extension of Benford's law for later digits which suggests the
by herf 2y ago
I was curious what the theoretical distribution of digits might be, did not know that there is an extension of Benford's law for later digits which suggests the uniform assumption is quite nearly right:
https://en.wikipedia.org/wiki/Benford%27s_law#Generalization_to_digits_beyond_the_first https://en.wikipedia.org/wiki/Benford%27s_law#Generalization...
Of course in real life, 50 cents and 99 cents are way more common.