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
Hauptverfasser: Chenavier, Nicolas, Massé, Bruno, Schneider, Dominique
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.
ISSN:0304-4149
1879-209X
DOI:10.1016/j.spa.2017.08.003