Stochastic Processes
The independence condition refers to a scenario where the occurrence of one random event does not influence the occurrence of another event. This concept is crucial when considering limit theorems, as many of these theorems, such as the Central Limit Theorem, assume that the random variables involved are independent. Understanding this condition helps in analyzing how sequences of random variables behave as they converge towards specific distributions.
congrats on reading the definition of Independence Condition. now let's actually learn it.