Question: What is the deviation from Benford's Law for the group of observations with leading significant digit equal to 4 ? ( Calculate deviation as actual

What is the deviation from Benford'sLaw for the group of observations with leading significant digit equal to 4?(Calculate deviation as actual percentage - expected percentage. If a deviation is equal to 15%, then put in 0.15. If a deviation is negative, put the negative sign as well)

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 General Management Questions!