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arxiv: 1804.02855 · v1 · pith:QUKAEFI7new · submitted 2018-04-09 · 🧮 math.PR

A quantitative discounted central limit theorem using the Fourier metric

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keywords discountedcentrallimittheoremfouriermetricquantitativeapproaches
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The discounted central limit theorem concerns the convergence of an infinite discounted sum of i.i.d. random variables to normality as the discount factor approaches $1$. We show that, using the Fourier metric on probability distributions, one can obtain the discounted central limit theorem, as well as a quantitative version of it, in a simple and natural way, and under weak assumptions.

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