I. Introduction
Orthogonal frequency division multiplexing (OFDM) signals suffer from high amplitude fluctuation which causes performance degradation due to nonlinear devices. A well-known metric for amplitude fluctuation of OFDM signal is peak-to-average power ratio (PAPR). Many research efforts have been carried out to find efficient PAPR reduction techniques [1]. Also, the distribution of the PAPR of continuous OFDM signals was derived [2] [3] and it is widely accepted that four times oversampling is good enough to capture the PAPR of continuous OFDM signals [4]. However, there are research results showing that PAPR may not be the best metric to measure the magnitude of the envelope fluctuations. For example, Bento et al. [5] pointed out the dependency of PAPR and the number of subcarriers.