I want to calculate the following:
lim
Numerical calculations show it has a value close to 0.5. But I am not able to derive this analytically. My problem is that I am lacking a methodology of handling the n both as a summation limit and a variable in the equation.
Answer
I don't want to put this down as my own solution, since I have already seen it solved on MSE.
One way is to use the sum of Poisson RVs with parameter 1, so that S_n=\sum_{k=1}^{n}X_k, \ S_n \sim Poisson(n) and then apply Central Limit Theorem to obtain \Phi(0)=\frac{1}{2}.
The other solution is purely analytic and is detailed in the paper by Laszlo and Voros(1999) called 'On the Limit of a Sequence'.
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