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Selected Works of C.C. Heyde (Hardcover, 2010 ed.)
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Selected Works of C.C. Heyde (Hardcover, 2010 ed.)
Series: Selected Works in Probability and Statistics
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In 1945, very early in the history of the development of a rigorous
analytical theory of probability, Feller (1945) wrote a paper
called "The fundamental limit theorems in probability" in which he
set out what he considered to be "the two most important limit
theorems in the modern theory of probability: the central limit
theorem and the recently discovered ... 'Kolmogoroff's cel ebrated
law of the iterated logarithm' ." A little later in the article he
added to these, via a charming description, the "little brother (of
the central limit theo rem), the weak law of large numbers," and
also the strong law of large num bers, which he considers as a
close relative of the law of the iterated logarithm. Feller might
well have added to these also the beautiful and highly applicable
results of renewal theory, which at the time he himself together
with eminent colleagues were vigorously producing. Feller's
introductory remarks include the visionary: "The history of
probability shows that our problems must be treated in their
greatest generality: only in this way can we hope to discover the
most natural tools and to open channels for new progress. This
remark leads naturally to that characteristic of our theory which
makes it attractive beyond its importance for various applications:
a combination of an amazing generality with algebraic precision."
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