Tuesday, 9 August 2011

Benford's Law Redux

The topic of Benford's Law came up again on the Betfair Forum, a subject I wrote about in March 2009 and have mentioned occasionally since, and it seemed like an opportunity to see whether my daily P&L totals from 1905 days of trading were closer to Benford than they were almost 30 months ago. The answer is - not really. Of the nine integers between 1 and 9, four are now closer to Benford, four further away, and one remains the same. They are still a pretty good match, but as I wrote in the original post "A completely pointless exercise I know, but I found it interesting!"

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