Data validity and statistical conformity with Benford's Law

Benford’s Law is a statistical regularity of a large number of datasets; assessing the compliance of a large dataset with the Benford’s Law is a theme of remarkable relevance, mainly for its practical consequences. Such a task can be faced by introducing a statistical distance concept between the empirical distribution of the data and the random variable associated with Benford’s Law. This paper deals with the problem of measuring the compliance of a random variable –which can be seen as describing the empirical distri- bution of a collection of data –with the Benford’s Law. It proposes a statistical methodology for detecting the critical values related to conformity/nonconformity with Benford’s Law in some well-established cases of statistical distance. The followed approach is grounded on the proper selection of a family of paramet- ric random variables –the lognormal distribution, in our case –and of a reference statistical distance concept –mean absolute deviation. A discussion of the obtained results is carried out on the ground of the existing literature. Moreover, some open problems are also presented