According to Benfords law, a variety of different data sets include numbers with leading (first) digits that
Question:
According to Benford€™s law, a variety of different data sets include numbers with leading (first) digits that occur with the proportions listed in the following table.
Construct a scatterplot and identify the mathematical model that best fits the given data. Assume that the model is to be used only for the scope of the given data, and consider only linear, quadratic, logarithmic, exponential, and power models.
Transcribed Image Text:
Leading Digit234 5 6789 Proportion 0.301 0.176 0.125 0.097 0.079 0.067 0.058 0.051 0.046
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 77% (9 reviews)
Power y 0313 x 0863 Model ...View the full answer
Answered By
Ashington Waweru
I am a lecturer, research writer and also a qualified financial analyst and accountant. I am qualified and articulate in many disciplines including English, Accounting, Finance, Quantitative spreadsheet analysis, Economics, and Statistics. I am an expert with sixteen years of experience in online industry-related work. I have a master's in business administration and a bachelor’s degree in education, accounting, and economics options.
I am a writer and proofreading expert with sixteen years of experience in online writing, proofreading, and text editing. I have vast knowledge and experience in writing techniques and styles such as APA, ASA, MLA, Chicago, Turabian, IEEE, and many others.
I am also an online blogger and research writer with sixteen years of writing and proofreading articles and reports. I have written many scripts and articles for blogs, and I also specialize in search engine
I have sixteen years of experience in Excel data entry, Excel data analysis, R-studio quantitative analysis, SPSS quantitative analysis, research writing, and proofreading articles and reports. I will deliver the highest quality online and offline Excel, R, SPSS, and other spreadsheet solutions within your operational deadlines. I have also compiled many original Excel quantitative and text spreadsheets which solve client’s problems in my research writing career.
I have extensive enterprise resource planning accounting, financial modeling, financial reporting, and company analysis: customer relationship management, enterprise resource planning, financial accounting projects, and corporate finance.
I am articulate in psychology, engineering, nursing, counseling, project management, accounting, finance, quantitative spreadsheet analysis, statistical and economic analysis, among many other industry fields and academic disciplines. I work to solve problems and provide accurate and credible solutions and research reports in all industries in the global economy.
I have taught and conducted masters and Ph.D. thesis research for specialists in Quantitative finance, Financial Accounting, Actuarial science, Macroeconomics, Microeconomics, Risk Management, Managerial Economics, Engineering Economics, Financial economics, Taxation and many other disciplines including water engineering, psychology, e-commerce, mechanical engineering, leadership and many others.
I have developed many courses on online websites like Teachable and Thinkific. I also developed an accounting reporting automation software project for Utafiti sacco located at ILRI Uthiru Kenya when I was working there in year 2001.
I am a mature, self-motivated worker who delivers high-quality, on-time reports which solve client’s problems accurately.
I have written many academic and professional industry research papers and tutored many clients from college to university undergraduate, master's and Ph.D. students, and corporate professionals. I anticipate your hiring me.
I know I will deliver the highest quality work you will find anywhere to award me your project work. Please note that I am looking for a long-term work relationship with you. I look forward to you delivering the best service to you.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Statistics questions
-
The data listed in the following table gives hourly measurements of heat flux q (cal/cm2/h) at the surface of a solar collector. As an architectural engineer, you must estimate the total heat...
-
The data set listed in the following table contains information on AGE, SEX (1 = male, 2 = female), work problems index (WP), marital conflict index (MC), and depression index (DEP) for a sample of...
-
The data listed in the following table are from a study by Benignus and others (1981). Blood and brain levels of toluene (a commonly used solvent) were measured in rats following a 3-hour inhalation...
-
In Chapter 12 (p. 432), we described a study reporting that college students who are on Facebook (or have it running in the background) while studying had lower grades than students who did not use...
-
Let S = $100, K = $95, r = 8% (continuously compounded), = 30%, = 0, T = 1 year, and n = 3. a. Verify that the binomial option price for an American call option is $18.283. Verify that there is...
-
1. Assuming a non-African construction company is submitting its first ever price to bid for a road construction project in Africa, what special considerations might it need to consider in forming...
-
This chapter placed emphasis on a "transaction-based perspective" related to customers. What would be different about a transaction involving an investor? What do we mean by transaction?
-
Sales budget data for Goody Company are given in BE23-2. Management desires to have an ending finished goods inventory equal to 20% of the next quarters expected unit sales. Prepare a production...
-
Evaluate using integration by parts: f^ (x. In (5x))dx. (x In (5.x)) dx = Click here to start next step (x-In (5-x))dx = +
-
A horizontal well, 1000 ft long, is drilled in a reservoir with Iani 1. What should be the horizontal well length to produce the same flow rate if Iani 3? The drainage radius, reh, is 2980 ft, and...
-
The table lists different amounts (metric tons) of the explosive TNT and the corresponding value on the Richter scale used for explosions of the TNT. Construct a scatterplot and identify the...
-
In a carefully controlled experiment, bacteria are allowed to grow for a week. The number of bacteria are recorded at the end of each day with these results: 20, 40, 80, 160, 320, 640, 1280....
-
It may come as a surprise to some learners that NFL teams have been using scores on an intelligence test since the 1970s. Why is mental prowess important in a sport where physical prowess is the...
-
Matthew County issued a six-month, 6%, $1,000,000 bond anticipation note on March 31, 20X5, to provide temporary financing for a major general government capital project. The issuance of long-term...
-
A Special Revenue Fund expenditure of $40,000 was initially paid from and recorded in the General Fund. The General Fund is now being reimbursed. The General Fund should report a. revenues of...
-
In practice, how is any remaining fund balance of a completed Capital Projects Fund used? a. Frequently, a governing body will specify what shall be done with any remaining fund balance before the...
-
What method of accounting does GAAP require for inventories in an Internal Service Fund? a. Consumption method. b. Purchases method. c. Acquisition method. d. All of the above are acceptable...
-
The actuarially based charges to the General Fund from a Self-Insurance Internal Service Fund should be reported in the Internal Service Fund as a. transfers. b. revenues. c. special items. d....
-
Sarah and her three friends started a small business to sell silver jewelry that they designed and made themselves. The business grew very quickly, and within a few years had turned into a national...
-
For each of the following reactions, express the equilibrium constant: a) H20 (I) H2 (g) + 02 (g) Ke = 1.0x107 b) Fe2 (g) 2F (g) Ke= 4.9 x 10-21 c) C (s) + O2 (g) d) H2 (g) + C2H4 (g) C2H6 (g) Ke =...
-
Refer to Exercise 8.31. a. Compare the mean scores for the three divisions using an appropriate multiple- comparison procedure. Use a = .05. b. What can you conclude about the differences in mean...
-
The nitrogen contents of red clover plants inoculated with three strains of Rhizobium are given here: a. Is there evidence of a difference in the effects of the three treatments on the mean...
-
Researchers conducted a study of the effects of three drugs on the fat content of the shoulder muscles in labrador retrievers. They divided 80 dogs at random into four treatment groups. The dogs...
-
Fixed-interest fund managers measure convexity in conjunction with duration to better measure their exposures to interest rate risk. Discuss the concept of convexity within the context of interest...
-
A friend owes you $500 in 1 year from now, and then $1000 2 years from now. Both loans are at 5%. If you want to replace both of these loans with ONE PAYMENT NOW, how much would your friend give you ?
-
If the amount of retained earnings at the beginning of the year was $ 3 0 , 0 0 0 , and $ 1 2 , 0 0 0 in dividends is paid during the year, calculate net income for the year.
Study smarter with the SolutionInn App