Hello and Welcome to Unit 4. This is the first of several units on power laws. In this unit I’ll say what power laws are, will explore some of their mathematical properties. And see how they’re the related to fractals and self-similarity. In the next unit we’ll look at some examples of power laws. And talk about how to work with power law data. In Unit 6, we’ll look at some of many different mechanisms that can generate power laws. So we’ve actually already encountered power laws in the previous unit that equation we work with again and again and again for the box counting dimension Well, that’s a power law. And we saw that when that equation is true, when that equation is obeyed over a range of scales s that we are dealing with a fractal for some sort of self similarity and so what we are gonna see in this unit and the next several is that there are other situations that are described by similar equation, not necessarily box counting, it might be something else. But when we see an equation like that that is an indication that there’s some sort of scale-free behavior so we begin this unit by looking at an initial example of a power law. So we have something concrete to talk about and then in the rest of this unit I’ll talk about a number of the mathematical properties, and interesting and important features of power laws, and also talk about something that aren’t power laws and contrast power law behaviors with normal or Gaussian behavior. And so we’ll talk about the central limit theorem. So let’s get started in the next video with an initial example