Abstract

Let $\{S_n\}, n = 1,2, \cdots$ denote the partial sums of a sequence of independent, identically distributed nonnegative random variables with common distribution function $F$ having finite mean $\mu$, and let $H(t) = \sum^\infty_{n=1} P(S_n \leqq t)$. Further, let $F$ be nonarithmetic. It is shown in this paper that as $t \rightarrow \infty H(t) - t/\mu$ is regularly varying if and only if $F$ belongs to the domain of attraction of a stable law with exponent $\alpha, 1 < \alpha \leqq 2$.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.