Generalizations of some remarkable inequalities
We present a couple of general inequalities related to the Jensen-Steffensen inequality in its discrete and integral form. The Jensen-Steffensen inequality, Slater’s inequality and a generalization of the counterpart to the Jensen-Steffensen inequality are deduced as special cases from these general inequalities.
We show that Grüss-type probabilistic inequalities for covariances can be considerably sharpened when the underlying random variables are quadrant dependent in expectation (QDE). The herein established covariance bounds not only sharpen the classical Grüss inequality but also improve upon recently derived Grüss-type bounds under the assumption of quadrant dependency (QD), which is stronger than QDE. We illustrate our general results with examples based on specially devised bivariate distributions...