This section discusses a theoretical topic that you may want to skip if you are a new student of probability.
Infinitely divisible distributions form an important class of distributions on \( \R \) that includes the stable distributions, the compound Poisson distributions, as well as several of the most important special parametric families of distribtions. Basically, the distribution of a real-valued random variable is infinitely divisible if for each \( n \in \N_+ \), the variable can be decomposed into the sum of \( n \) independent copies of another variable. Here is the precise definition.
The distribution of a real-valued random variable \( X \) is infinitely divisible if for every \( n \in \N_+ \), there exists a sequence of independent, identically distributed variables \( (X_1, X_2, \ldots, X_n) \) such that \( X_1 + X_2 + \cdots + X_n \) has the same distribution as \( X \).
If the distribution of \( X \) is stable then the distribution is infinitely divisible.
Let \( n \in \N_+ \) and let \( (X_1, X_2, \ldots, X_n) \) be a sequence of independent variables, each with the same distribution as \( X \). By the definition of stability, there exists \( a_n \in \R \) and \( b_n \in (0, \infty) \) such that \( \sum_{i=1}^n X_i \) has the same distribution as \( a_n + b_n X \). But then \[ \frac{1}{b_n} \left(\sum_{i=1}^n X_i - a_n\right) = \sum_{i=1}^n \frac{X_i - a_n/n}{b_n} \] has the same distribution as \( X \). But \( \left(\frac{X_i - a_n/n}{b_n}: i \in \{1, 2, \ldots, n\} \right) \) is an IID sequence, and hence the distribution of \( X \) is infinitely divisible.
Suppose now that \( \bs{X} = (X_1, X_2, \ldots) \) is a sequence of independent, identically distributed random variables, and that \( N \) has a Poisson distribution and is independent of \( \bs{X} \). Recall that the distribution of \( \sum_{i=1}^N X_i \) is said to be compound Poisson. Like the stable distributions, the compound Poisson distributions form another important class of infinitely divisible distributions.
Suppose that \( Y \) is a random variable.
A number of special distributions are infinitely divisible. Proofs of the results stated below are given in the individual sections.
First, the normal distribution, the Cauchy distribution, and the Lévy distribution are stable, so they are infinitely divisible. However, direct arguments give more information, because we can identify the distribution of the component variables.
The normal distribution is infinitely divisible. If \( X \) has the normal distribution with mean \( \mu \in \R \) and standard deviation \( \sigma \in (0, \infty) \), then for \( n \in \N_+ \), \( X \) has the same distribution as \( X_1 + X_2 + \cdots + X_n \) where \( (X_1, X_2, \ldots, X_n) \) are independent, and \( X_i \) has the normal distribution with mean \( \mu/n \) and standard deviation \( \sigma/\sqrt{n} \) for each \( i \in \{1, 2, \ldots, n\} \).
The Cauchy distribution is infinitely divisible. If \( X \) has the Cauchy distribution with location parameter \( a \in \R \) and scale parameter \( b \in (0, \infty) \), then for \( n \in \N_+ \), \( X \) has the same distribution as \( X_1 + X_2 + \cdots + X_n \) where \( (X_1, X_2, \ldots, X_n) \) are independent, and \( X_i \) has the Cauchy distribution with location parameter \( a/n \) and scale parameter \( b/n \) for each \( i \in \{1, 2, \ldots, n\} \).
On the other hand, there are distributions that are infinitely divisible but not stable.
The gamma distribution is infinitely divisible. If \( X \) has the gamma distribution with shape parameter \( k \in (0, \infty) \) and scale parameter \( b \in (0, \infty) \), then for \( n \in \N_+ \), \( X \) has the same distribution as \( X_1 + X_2 + \cdots + X_n \) where \( (X_1, X_2, \ldots, X_n) \) are independent, and \( X_i \) has the gamma distribution with shape parameter \( k / n \) and scale parameter \( b \) for each \( i \in \{1, 2, \ldots, n\} \)
The chi-square distribution is infinitely divisible. If \( X \) has the chi-square distribution with \( k \in (0, \infty) \) degrees of freedom, then for \( n \in \N_+ \), \( X \) has the same distribution as \( X_1 + X_2 + \cdots + X_n \) where \( (X_1, X_2, \ldots, X_n) \) are independent, and \( X_i \) has the chi-square distribution with \( k / n \) degrees of freedom for each \( i \in \{1, 2, \ldots, n\} \).
The Poisson distribution distribution is infinitely divisible. If \( X \) has the Poisson distribution with rate parameter \( \lambda \in (0, \infty) \), then for \( n \in \N_+ \), \( X \) has the same distribution as \( X_1 + X_2 + \cdots + X_n \) where \( (X_1, X_2, \ldots, X_n) \) are independent, and \( X_i \) has the Poisson distribution with rate parameter \( \lambda/n \) for each \( i \in \{1, 2, \ldots, n\} \).
The general negative binomial distribution on \( \N \) is infinitely divisible. If \( X \) has the negative binomial distribution on \( \N \) with parameters \( k \in (0, \infty) \) and \( p \in (0, 1) \), then for \( n \in \N_+ \), \( X \) has the same distribution as \( X_1 + X_2 + \cdots + X_n \) were \( (X_1, X_2, \ldots, X_n) \) are independent, and \( X_i \) has the negative binomial distribution on \( \N \) with parameters \( k / n \) and \( p \) for each \( i \in \{1, 2, \ldots, n\} \).
Since the Poisson distribution and the negative binomial distributions are distributions on \( \N \), it follows from the characterization in that these distributions must be compound Poisson. Of course it is completely trivial that the Poisson distribution is compound Poisson, but it's far from obvious that the negative binomial distribution has this property. It turns out that the negative binomial distribution can be obtained by compounding the logarithmic series distribution with the Poisson distribution.
The Wald distribution is infinitely divisible. If \( X \) has the Wald distribution with shape parameter \( \lambda \in (0, \infty) \) and mean \( \mu \in (0, \infty) \), then for \( n \in \N_+ \), \( X \) has the same distribution as \( X_1 + X_2 + \cdots + X_n \) where \( (X_1, X_2, \ldots, X_n) \) are independent, and \( X_i \) has the Wald distribution with shape parameter \( \lambda / n^2 \) and mean \( \mu / n \) for each \( i \in \{1, 2, \ldots, n\} \).