Last digit tendency: Lucky number and psychological rounding in mobile transactions
The distribution of digits in numbers obtained from different sources reveals interesting patterns. The well-known Benford’s law states that the first digits in many real-life numerical data sets have an asymmetric, logarithmic distribution in which small digits are more common; this asymmetry dimin...
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| Main Authors: | , , , , , , |
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| Format: | text |
| Language: | English |
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Institutional Knowledge at Singapore Management University
2024
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| Subjects: | |
| Online Access: | https://ink.library.smu.edu.sg/sis_research/8539 https://ink.library.smu.edu.sg/context/sis_research/article/9542/viewcontent/LastDigitTendency_pvoa_cc_by_nc_nd.pdf |
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| Institution: | Singapore Management University |
| Language: | English |