It is rather well-known that hyperbolic operators have the shadowing property. In the setting of finite dimensional Banach spaces, having the shadowing property is equivalent to being hyperbolic. In 2018, Bernardes et al. constructed an operator with the shadowing property which is not hyperbolic, settling an open question. In the process, they introduced a class of operators which has come to be known as generalized hyperbolic operators. This class of operators seems to be an important bridge between hyperbolicity and the shadowing property. In this article, we show that for a large natural class of operators on L p (X) the notion of generalized hyperbolicity and the shadowing property coincide. We do this by giving sufficient and necessary conditions for a certain class of operators to have the shadowing property. We also introduce computational tools which allow construction of operators with and without the shadowing property. Utilizing these tools, we show how some natural probability distributions, such as the Laplace distribution and the Cauchy distribution, lead to operators with and without the shadowing property on L p (X).