Lower-bound conjecture for the median of the generalized hyperbolic distribution

From papers

Let XGH(λ,α,β,δ,0)X\sim GH(\lambda,\alpha,\beta,\delta,0), with λ>1/2\lambda>1/2 and β>0\beta>0, and let

γ2=α2β2.\gamma^2=\alpha^2-\beta^2.

Generalized hyperbolic median conjecture. The median satisfies

Med(X)>βγ2[λ12+(λ12)2+δ2γ2].\operatorname{Med}(X)>\frac{\beta}{\gamma^2}\left[\lambda-\frac12+\sqrt{\left(\lambda-\frac12\right)^2+\delta^2\gamma^2}\right].

The source reports numerical experiments suggesting that this lower bound holds; no proof or resolution is supplied.

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Sources & referencesView supporting material

Primary source

Robert E. Gaunt and Milan Merkle, “On bounds for the mode and median of the generalized hyperbolic and related distributions”, arXiv:2002.01884 (2020).

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