Lorden's inequality

In probability theory, Lorden's inequality is a bound for the moments of overshoot for a stopped sum of random variables, first published by Gary Lorden in 1970. Overshoots play a central role in renewal theory.

Source: Wikipedia — Lorden's inequality (CC BY-SA 4.0)

Lorden's inequality

In probability theory, Lorden's inequality is a bound for the moments of overshoot for a stopped sum of random variables, first published by Gary Lorden in 1970. Overshoots play a central role in renewal theory.

Source: Wikipedia "Lorden's inequality" · CC BY-SA 4.0

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