# Exploring the Law of Numbers: Evidence from China's Real Estate

arXiv: https://arxiv.org/abs/2309.05221 · HTML: https://mlsanity.com/paper/2309.05221/

## Key facts

- Cited by 1 papers in the map (data through 14 Oct 2026).
- Builds on 3 of its 63 references that are in the map.
- First posted on arXiv 11 Sep 2023.

## Builds on (most cited first, 3 of 3)

- [Mean Absolute Percentage Error for regression models](https://mlsanity.com/paper/1605.02541/) (2016)
- [Benford's law: a 'sleeping beauty' sleeping in the dirty pages of logarithmic tables](https://mlsanity.com/paper/1702.00554/) (2017)
- [Words ranking and Hirsch index for identifying the core of the hapaxes in political texts](https://mlsanity.com/paper/2006.07667/) (2020)

## Built on by (most cited first, 1 of 1)

- [LLM-Generated Natural Language Meets Scaling Laws: New Explorations and Data Augmentation Methods](https://mlsanity.com/paper/2407.00322/) (2024)

## Abstract (arXiv)

The renowned proverb, Numbers do not lie, underscores the reliability and insight that lie beneath numbers, a concept of undisputed importance, especially in economics and finance etc. Despite the prosperity of Benford's Law in the first digit analysis, its scope fails to remain comprehensiveness when it comes to deciphering the laws of number. This paper delves into number laws by taking the financial statements of China real estate as a representative, quantitatively study not only the first digit, but also depict the other two dimensions of numbers: frequency and length. The research outcomes transcend mere reservations about data manipulation and open the door to discussions surrounding number diversity and the delineation of the usage insights. This study wields both economic significance and the capacity to foster a deeper comprehension of numerical phenomena.