The leading digit distribution of the worldwide illicit financial flows

Details The leading digit distribution of the worldwide illicit financial flows The leading digit distribution of the worldwide illicit financial flows

2012-01-17

arxiv.org/abs/1201.3432v2

Physics

Physics and Society

11 pages, 14 figures, 4 tables

Scientific paper

Benford's law states that in many data sets the overall distribution of the significant digits tends to be logarithmic so that the numbers beginning with smaller significant digits occur more often than those with larger ones. We investigate here recent data on illicit financial flows from developing countries and reveal that the data does submit to Benford's law. Further, the general improvement in the statistical accuracy we find here supports the applicability of the two stage normalization in filtering out countries from database for which illicit financial flows are not substantial.

Affiliated with

Also associated with

No associations

Rating

The leading digit distribution of the worldwide illicit financial flows does not yet have a rating. At this time, there are no reviews or comments for this scientific paper.

If you have personal experience with The leading digit distribution of the worldwide illicit financial flows, we encourage you to share that experience with our LandOfFree.com community. Your opinion is very important and The leading digit distribution of the worldwide illicit financial flows will most certainly appreciate the feedback.

Rate now

Comments { 0 }

Profile ID: LFWR-SCP-O-96723