VALIDATION OF BENFORD'S LAW THROUGH ECONOMIC STATEMENTS OF COMPANIES CARRYING OUT BUSINESS IN THE PRODUCTION OF BASIC METALS, METALLURGICAL METAL PROCESSING AND FOUNDRY INDUSTRY

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F61989100%3A27360%2F16%3A86100400" target="_blank" >RIV/61989100:27360/16:86100400 - isvavai.cz</a>
Result on the web
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DOI - Digital Object Identifier
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Result language
angličtina
Original language name
VALIDATION OF BENFORD'S LAW THROUGH ECONOMIC STATEMENTS OF COMPANIES CARRYING OUT BUSINESS IN THE PRODUCTION OF BASIC METALS, METALLURGICAL METAL PROCESSING AND FOUNDRY INDUSTRY
Original language description
The entire world around us is filled with a certain numerical regularity; this can relate to the height of mountains, winning lottery numbers, numbers in tax declarations, the number of stars - this phenomenon is called Benford's Law. Benford's Law claims that the first significant (valid) place in naturally occurring numbers is more often occupied by low digits than high digits. So far, this topic has been paid little attention in Czech literature. In this paper, we decided to check whether the law also applies in the field of metallurgy. Incidence of digits in the first significant place was assessed using the set of statistical data of selected companies whose business is the production of basic metals, metallurgical metal processing and foundry activities.
Czech name
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Czech description
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Publication year
2016
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Article name in the collection
METAL 2016: conference proceedings : (reviewed version) : 25th Anniversary International Conference on Metallurgy and Materials : May 25th-27th 2016, Hotel Voronez I, Brno, Czech Republic, EU
ISBN
978-80-87294-67-3
ISSN
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e-ISSN
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Number of pages
6
Pages from-to
1975-1980
Publisher name
Tanger
Place of publication
Ostrava
Event location
Brno
Event date
May 25, 2016
Type of event by nationality
WRD - Celosvětová akce
UT code for WoS article
000391251200322

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