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‘Learning many things does not teach understanding.’ –Heraclitus

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Another power law […] is Benford’s Law, which states that the distribution of digits in a lot of data are not even, but power law distributed. For example, in base 10, the number one should, all things being equal, appear 10% of the time. But in many data sources one appears around 30% of the time. This fact is actually used to help detect fraud in, for example, tax returns.

{ Oscillatory Thoughts | Continue reading | NY Times }





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