When using Benford's Law for fraud detection, which digit is expected to appear most frequently as the leading digit in a natural dataset?

Answer options:

All digits have equal probability (11.1%).

How to approach this question

Memorize Benford's curve: 1 is high (30%), 9 is low (4.6%).

Full Answer

A.1✓ Correct

Benford's Law states that in many naturally occurring collections of numbers, the leading significant digit is likely to be small. 1 appears ~30.1% of the time.

Common mistakes

Assuming a uniform distribution (random chance).

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