Generalization of \(h\)-convex stochastic processes and some classical inequalities (Q2196907)

Summary: The field of stochastic processes is essentially a branch of probability theory, treating probabilistic models that evolve in time. It is best viewed as a branch of mathematics, starting with the axioms of probability and containing a rich and fascinating set of results following from those axioms. In probability theory, a convex function applied to the expected value of a random variable is always bounded above by the expected value of the convex function of the random variable. In this paper, the concept of generalized \(h\)-convex stochastic processes is introduced, and some basic properties concerning generalized \(h\)-convex stochastic processes are developed. Furthermore, we establish Jensen and Hermite-Hadamard and Fejér-type inequalities for this generalization.