A CLT for renewal processes with a finite set of interarrival distributions

We prove a central limit theorem for a renewal process based on a sequence of independent non-negative interarrival times whose distributions are taken from a finite set. The result extends the classical central limit theorem obtained by Takács (1956).

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Year of publication:	2010
Authors:	Spataru, Aurel
Published in:	Statistics & Probability Letters. - Elsevier, ISSN 0167-7152. - Vol. 80.2010, 21-22, p. 1680-1683
Publisher:	Elsevier
Keywords:	Renewal process Finitely inhomogeneous random walk Central limit theorem

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Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10008868814