Almost sure and weak invariance principles for random variables attracted by a stable law (Q1113182): Difference between revisions

Let \((X_ n)\) be i.i.d. random variables belonging to the domain of normal attraction of a symmetric stable law with parameter \(0<p<2\). We study the a.s. and weak approximation of the partial sum process \(S(t)=\sum_{n\leq t}X_ n(t\geq 0)\) by a symmetric stable process \(G_ p(t)\). Stout proved an upper bound for the optimal remainder term in this approximation; we prove here a lower bound, leaving only a small gap between the upper and lower estimates. We also give a new method to obtain upper bounds. Finally, we prove analogues of these results in the case when a.s. approximation is replaced by approximation in probability.