Can someone explain Benford’s Law to me. I get that certain numbers show up more often in large data sets, but why?
In: Mathematics
Create a list of all of the different types of objects in your house. Then go count them and make a list of the numbers. You probably have a lot of single items in your house, like one popcorn maker, or one can opener and other items you might have a lot of like socks. Your list will probably have a lot of ones on it due to the single items you own. Even the items you do have a lot of it is more likely that you have low single digits of that item, kind of like the sock example, you might have 16 socks but it is unlikely that you have 99 socks. This increases the chances even more do that the left most number has a higher likely hood of being a one.
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