3 ms·
The interesting thing about Benford's law is how widely applicable it is. Most sets of numbers you come across in your life are likely to follow it, or at leas
by cbr 13y ago
The interesting thing about Benford's law is how widely applicable it is. Most sets of numbers you come across in your life are likely to follow it, or at least have leading 1s be more common than leading 9s. As such we should definitely be considering it when trying to decide which rounding rule to adopt in the general case.
- mzs 13y agoI'll try to make the parent's point a different way. This is about rounding. That's about the digits with the least significance. A good rounding scheme wants to see a uniform distribution there in the two least significant digits. Benford's law breaks down after four digits pretty much completely. That's the over-thinking it aspect.