Geometric mean of many uniforms
Question
Let be i.i.d. and set . The sequence converges almost surely to a constant of the form . What is ?
Short answer
. Taking logs, is the average of . Since , , and the strong law of large numbers gives , so .
Adapted from QuantQuestions.io; question and answer rewritten by SelfMadeQuant.com.
See the hint and the full worked solution in the question bank (free account).
Open the worked solutionLessons behind this question
- The Central Limit Theorem
- Indeterminate Forms and L'Hôpital's Rule
- Calculating Limits: Limit Laws and Algebraic Techniques
Start with a free lesson: Normal Distribution is part of a free topic. Create a free account, no card needed, to read it in full with worked solutions.
Read it free