Learn how to objectively detect power laws in real-world data through this informative video tutorial. Explore the limitations of traditional statistical methods when dealing with power law distributions and discover two key approaches: the log-log method and maximum likelihood estimation. Follow along with Python code examples demonstrating the detection process using both artificial and real-world social media data. Gain insights into the practical applications of power law analysis and prepare for future topics in this series on power laws and fat tails.
Detecting Power Laws in Real-world Data with Python Code