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by fungizid
1797 days ago
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With a fixed exchange rate, the choice of currency does not matter for Benford’s law. Benfords’s law states that for many real-life numbers x, log(x) is uniform. Converting to another currency using exchange rate E, so that y = E*x, yields log(y) = log(E) + log(x). This corresponds to a shift of the distribution of log(x) and does not change how uniform the distribution is. However, if the exchange rate varies with prices, then it will matter. |
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