Problem 1
Real numbers are given. For each () define and let . (a) Prove that, for any real numbers , . (b) Show that there exist real numbers such that equality holds in the inequality above.
Step 1 of 5: Realize the maximal spread as a single difference
In plain words
The running maximum up to and the running minimum from onward are both actual terms of the sequence, so their difference is literally .
Detailed analysis
Choose with , and choose with and , so . Since , we also have .