On the peculiar distribution of the US stock indexes' digits

被引：83

作者：

Ley, E

机构：

来源：

AMERICAN STATISTICIAN | 1996年 / 50卷 / 04期

关键词：

Benford's law; Dow-Jones Index; Standard and Poor's;

D O I：

10.2307/2684926

中图分类号：

O21 [概率论与数理统计]; C8 [统计学];

学科分类号：

020208 ; 070103 ; 0714 ;

摘要：

Recent research has focused on studying the patterns in the digits of closely followed stock market indexes, In this paper we find that the series of 1-day returns on the Dow-Jones Industrial Average Index (DJIA) and the Standard and Poor's Index (S&P) reasonably agrees with Benford's law and therefore belongs to the family of anomalous or outlaw numbers.

引用

页码：311 / 313

页数：3

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