What is Benford's Law

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  • Опубликовано: 7 авг 2024
  • The beginning of a new series on anomaly detection, this video looks at a probabilistic way of viewing this problem - Benford's Law!

Комментарии • 12

  • @houstonwonderstar7918
    @houstonwonderstar7918 Год назад +2

    Since you only make 5 mins video, why did you update so slow? Just kidding! Love your videos. They super concise and informative.

    • @AricLaBarr
      @AricLaBarr  Год назад

      Hahahaha!
      Its so true. They are only five minutes! ;-)

  • @tw8661
    @tw8661 6 месяцев назад

    This contradicts my understanding of probability.

    • @AricLaBarr
      @AricLaBarr  6 месяцев назад

      Do you mean understanding of randomness? Probability is just a chance of something happening. It takes the form of whatever is there. Randomness, however, is assumed is a lot of places that it is not there!

  • @ScottRocke
    @ScottRocke Год назад

    This is very interesting. I wonder if such a principle applies to letter-based data as well.

    • @AricLaBarr
      @AricLaBarr  Год назад +1

      That would be an interesting one. If so, I imagine it might be different from language to language just based on how different languages potentially utilize letters. Very interesting thought though!

    • @philleg9930
      @philleg9930 7 месяцев назад

      It does. It's a called "letterfrequency" and as @ariclabarr states, it depends on the language.

  • @MyMy-tv7fd
    @MyMy-tv7fd Год назад

    Benford's Law has been featured in a few films, but I cannot recall the titles right now, any ideas anyone?

    • @AricLaBarr
      @AricLaBarr  Год назад

      A more recent one is The Accountant. Ben Affleck's character uses it to catch financial fraud!

  • @KrockDealer
    @KrockDealer Год назад

    Knocked it out of the park on this one

  • @itsbruce8578
    @itsbruce8578 Год назад

    Is this apply to big numbers

    • @AricLaBarr
      @AricLaBarr  Год назад

      Depends on what you mean. So you really shouldn't go too many digits into the number for this to still hold. However, the bigger the set of numbers the better since it covers more magnitudes of values!