To prove: $e^{\frac{x+y}{2}} \le \dfrac{e^x + e^y}{2}$
We observe:
$e^{\frac{x+y}{2}} \le \dfrac{e^x + e^y}{2} $
$\Leftrightarrow \sum_{n=0}^\infty \dfrac{(\dfrac{x+y}{2})^n}{n!} \le 1/2\sum_{n=0}^\infty \dfrac{x^n}{n!} + 1/2\sum_{n=0}^\infty \dfrac{y^n}{n!}$
$\Leftrightarrow \sum_{n=0}^\infty \dfrac{(\dfrac{x+y}{2})^n}{n!} \le \sum_{n=0}^\infty 1/2\dfrac{x^n}{n!} + \sum_{n=0}^\infty 1/2 \dfrac{y^n}{n!} $
$\Leftrightarrow \sum_{n=0}^\infty \dfrac{(\dfrac{x+y}{2})^n}{n!} \le \sum_{n=0}^\infty \dfrac{x^n + y^n}{2\cdot n!}$
In essence, now we need to show that $ \dfrac{(\dfrac{x+y}{2})^n}{n!} \le \dfrac{x^n + y^n}{2\cdot n!}$
I'm looking for an idea or a hint to help me solve this. I'm thinking about using something from the binomial theorem. Maybe I made a mistake as well.
Another solution :
$e^{\frac{x+y}{2}} \le \dfrac{e^x + e^y}{2}$ comes directly from the convexity of $x\mapsto e^x$.
A convex function is a function such that for all $x,y$, and $\lambda \in [0,1]$, $f(\lambda x + (1-\lambda)y)\leqslant \lambda f(x) + (1-\lambda) f(y)$.
With $\lambda = 1/2$ you get your answer.
(and you can prove exp 's convexity, by deriving it two times)