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Many management decisions involve accumulated random realizations for which only the first and second moments of their distribution are available. The sharp Chebyshev-type bound for the tail probability and Scarf bound for the expected loss…

Econometrics · Economics 2025-05-15 Zhaolin Li , Artem Prokhorov

We derive sharp probability bounds on the tails of a product of symmetric non-negative random variables using only information about their first two moments. If the covariance matrix of the random variables is known exactly, these bounds…

Probability · Mathematics 2016-05-19 Napat Rujeerapaiboon , Daniel Kuhn , Wolfram Wiesemann

The non-asymptotic tail bounds of random variables play crucial roles in probability, statistics, and machine learning. Despite much success in developing upper bounds on tail probability in literature, the lower bounds on tail…

Probability · Mathematics 2020-09-08 Anru R. Zhang , Yuchen Zhou

Chernoff bounds are a powerful application of the Markov inequality to produce strong bounds on the tails of probability distributions. They are often used to bound the tail probabilities of sums of Poisson trials, or in regression to…

Statistics Theory · Mathematics 2022-05-24 D. K. L. Shiu

In this paper, I present a completely new type of upper and lower bounds on the right-tail probabilities of continuous random variables with unbounded support and with semi-bounded support from the left. The presented upper and lower…

Probability · Mathematics 2023-11-28 Nikola Zlatanov

We construct a new tail bound for the sum of independent random variables for situations in which the expected value of the sum is known and each random variable lies within a specified interval, which may be different for each variable.…

Probability · Mathematics 2025-03-25 Jackson Loper , Jeffrey Regier

The approach used by Kalashnikov and Tsitsiashvili for constructing upper bounds for the tail distribution of a geometric sum with subexponential summands is reconsidered. By expressing the problem in a more probabilistic light, several…

Probability · Mathematics 2009-03-18 Andrew Richards

We provide finite sample upper and lower bounds on the Binomial tail probability which are a direct application of Sanov's theorem. We then use these to obtain high probability upper and lower bounds on the minimum of i.i.d. Binomial random…

Probability · Mathematics 2025-02-27 Xiaohan Zhu , Mesrob I. Ohannessian , Nathan Srebro

We derive in this article the {\it lower} bound for tail of distribution for the random variables (r.v.) through a lower estimate for its moment generating functions (MGF).

Probability · Mathematics 2017-11-21 E. Ostrovsky , L. Sirota

We derive simple but nearly tight upper and lower bounds for the binomial lower tail probability (with straightforward generalization to the upper tail probability) that apply to the whole parameter regime. These bounds are easy to compute…

Probability · Mathematics 2022-11-04 Huangjun Zhu , Zihao Li , Masahito Hayashi

This paper addresses the advancement of probability tail bound analysis, a crucial statistical tool for assessing the probability of large deviations of random variables from their expected values. Traditional tail bounds, such as Markov's,…

Probability · Mathematics 2024-08-22 Shih-Yu Chang

In this paper, we derive new probability bounds for Chebyshev's inequality if the supremum of the probability density function is known. This result holds for one-dimensional or multivariate continuous probability distributions with finite…

Methodology · Statistics 2019-02-12 Tomohiro Nishiyama

In this note we prove bounds on the upper and lower probability tails of sums of independent geometric or exponentially distributed random variables. We also prove negative results showing that our established tail bounds are asymptotically…

Statistics Theory · Mathematics 2019-02-11 Yaonan Jin , Yingkai Li , Yining Wang , Yuan Zhou

We consider the problem of finding the optimal upper bound for the tail probability of a sum of $k$ nonnegative, independent and identically distributed random variables with given mean $x$. For $k=1$ the answer is given by Markov's…

Probability · Mathematics 2016-02-12 Tomasz Łuczak , Katarzyna Mieczkowska , Matas Šileikis

We re-examine a lower-tail upper bound for the random variable $$X=\prod_{i=1}^{\infty}\min\left\{\sum_{k=1}^iE_k,1\right\},$$ where $E_1,E_2,\ldots\stackrel{iid}\sim\text{Exp}(1)$. This bound has found use in root-finding and seed-finding…

Probability · Mathematics 2019-05-21 Sam Justice , N. D. Shyamalkumar

The Markov, Chebyshev, and Chernoff inequalities are some of the most widely used methods for bounding the tail probabilities of random variables. In all three cases, the bounds are tight in the sense that there exists easy examples where…

Probability · Mathematics 2018-03-20 Mark Huber

We obtain distribution-free bounds for various fundamental quantities used in probability theory by solving optimization problems that search for extreme distributions among all distributions with the same mean and dispersion. These…

Optimization and Control · Mathematics 2024-09-27 Pieter Kleer , Johan S. H. van Leeuwaarden , Bas Verseveldt

We obtain some optimal inequalities on tail probabilities for sums of independent bounded random variables. Our main result completes an upper bound on tail probabilities due to Talagrand by giving a one-term asymptotic expansion for large…

Probability · Mathematics 2017-08-03 Xiequan Fan , Ion Grama , Quansheng Liu

We give explicit bounds for the tail probabilities for sums of independent geometric or exponential variables, possibly with different parameters.

Probability · Mathematics 2017-09-26 Svante Janson

We propose a variational tail bound for norms of random vectors under moment assumptions on their one-dimensional marginals. A simplified version of the bound that parametrizes the ``aggregating distribution'' using a certain pushforward of…

Probability · Mathematics 2026-02-02 Sohail Bahmani
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