While reading through this year\'s Arkansas Democrat-Gazette newspapers, you rec

Question

While reading through this year's Arkansas Democrat-Gazette newspapers, you record all numbers appearing in a news article-the number of wins by a football team, the total charitable contribution of a politician, the income of a CEO, and so on. Now consider the leading digit of each number. Initially, you might think the leading digit of a randomly selected number would be equally likely to be any of the values (a discrete uniform distribution). However, evidence suggests an alternative probability distribution called Benford's Law: fx(x)-RI st digit is x-log 10(1 + ), x-1 ,2, x ,9 what is the probability that the leading digit is 37(Report answer to three decimal places. Answer must be within 0.001 of correct value.

Explanation / Answer

from given distribution probability that leading digit is 3 =P(x) =log(1+1/3) =0.125

please revert for any clarifcation required

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