Exact upper and lower bounds on the difference between the arithmetic and geometric means
Probability
2015-07-15 v2
Abstract
Let denote a nonnegative random variable with . Upper and lower bounds on are obtained, which are exact, in terms of and for the upper bound and in terms of and for the lower bound, where , , , , , and is the support set of the distribution of . Note that, if takes each of distinct real values with probability , then and are, respectively, the arithmetic and geometric means of .
Cite
@article{arxiv.1503.00345,
title = {Exact upper and lower bounds on the difference between the arithmetic and geometric means},
author = {Iosif Pinelis},
journal= {arXiv preprint arXiv:1503.00345},
year = {2015}
}
Comments
8 pages; to appear in the Bulletin of the Australian Mathematical Society. Version 2: the condition that the random variable X is nonnegative was missing in the abstract