Benford`s Law, also called the First-Digit Law, refers to the frequency distribution of digits in many (but not all) real-life sources of data. In this distribution, {formatnum:1} occurs as the leading digit about 30% of the time, while larger digits occur in that position less frequently: {formatnum:9} as the first digit less than 5% of the time....
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http://en.wikipedia.org/wiki/Benford`s_law
A mathematical law that applies to any population of numbers derived from other numbers (such as the dollar amount of a sale, found by multiplying the quantity sold times the unit price). It holds that 30% of the time the first non-zero digit of this derived number will be one, and it will be a nine only 4.6% of the time. Benford's law is used by a...
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http://www.ais-cpa.com/glosa.html
If a number is chosen at random from a large table of data or statistics, such as stock quotations, populations of towns in Germany, or half-lives of radioactive atoms, the chance that the first digit is 1 is about 30.1%, that the first digit is 2 is about 17.6%, that it is 3 is 12.4%, ... , and tha...
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http://www.daviddarling.info/encyclopedia/B/Benfords_law.html
noun a law used by auditors to identify fictitious populations of numbers; applies to any population of numbers derived from other numbers; `Benford`s law holds that 30% of the time the first non-zero digit of a derived number will be 1 and it will be 9 only 4...
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https://www.encyclo.co.uk/local/20974
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