Probability Theory, Python

Brownian Motion via Random Walks

The idea of this post is to show how Donsker’s Theorem (also known as Donsker’s Invariance Principle, or the Functional Central Limit Theorem) allows us to simulate paths of the one-dimensional standard Brownian motion using different kinds of random walks.

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Infographics, Probability Theory

Brief History of the Central Limit Theorem

A very brief recollection of the history of the Central Limit Theorem: 162 years from Moivre to Feller in a page. If you are interested in reading more about the history of the Central Limit Theorem, I highly recommend: The Central Limit Theorem Around 1935  paper by L. Le Cam published in 1986 in Statistical Science. […]

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