Question: CHAPTER 3 BENFORD'S LAW: THE BASIC TESTS Multiple-Choice Questions 1, Frank Benford's data included all the numbers in an issue of a. Fibonacci Quarterly b.

CHAPTER 3 BENFORD'S LAW: THE BASIC TESTS Multiple-Choice Questions 1, Frank Benford's data included all the numbers in an issue of a. Fibonacci Quarterly b. Physics Weekly c. PC Magazine Reader's Digest 2. Frank Benford analyzed the a. decimal places Ab. first digits - c. logarithms d. expected frequencies of 20 lists of numbers with 20,229 observations. 3. In Table 3.1 the expected frequencies are displayed as proportions. The proportions in each of the four rightmost columns add up to a. 1.0 b. 4.0 c. 10.0. d. different values 4. Benford concluded that nature counts e, e, e, e, and so on, and builds and functions accordingly. The numeric value of the "e" that is being referred to is a. 0.30103 b. 2.718 c. 3.141 d. V-1 5. A geometric sequence is a sequence of numbers in which each successive number is the previous number a. plus a constant b. plus V-1 c. multiplied by zero d. multiplied by a common ratio 6. If all the numbers in a data set that conformed to Benford were multiplied by a (nonzero) constant, then the new data set a. will also conform to Benford b. will not conform to Benford c. will sum to 1.0000 d. will follow the rules of linear algebra

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!