Products of random variables and the first digit phenomenon
We provide conditions on dependent and on non-stationary random variables Xn ensuring that the mantissa of the sequence of products ∏1nXk is almost surely distributed following Benford’s law or converges in distribution to Benford’s law. This is achieved through proving new generalizations of Lévy’s...
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Veröffentlicht in: | Stochastic processes and their applications 2018-05, Vol.128 (5), p.1615-1634 |
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Format: | Artikel |
Sprache: | eng |
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Zusammenfassung: | We provide conditions on dependent and on non-stationary random variables Xn ensuring that the mantissa of the sequence of products ∏1nXk is almost surely distributed following Benford’s law or converges in distribution to Benford’s law. This is achieved through proving new generalizations of Lévy’s and Robbins’s results on distribution modulo 1 of sums of independent random variables. |
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ISSN: | 0304-4149 1879-209X |
DOI: | 10.1016/j.spa.2017.08.003 |