| Article ID: | iaor19912122 |
| Country: | Switzerland |
| Volume: | 30 |
| Start Page Number: | 187 |
| End Page Number: | 198 |
| Publication Date: | Mar 1991 |
| Journal: | Annals of Operations Research |
| Authors: | Ermoliev Yuri M., Norkin Valdimir I. |
A new concept of (normalized) convergence of random variables is introduced. This convergence is preserved under Lipschitz transformations, follows from convergence in mean and itself implies convergence in probability. If a sequence of random variables satisfies a limit theorem then it is a normalized convergent sequence. The introduced concept is applied to the convergence rate study of a statistical approach in stochastic optimization.