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Power mean inequality can give many bounds for the different difference between AM and GM. Most simple is $$AM - GM \leq \max_i a_i - \min_i a_i.$$ Another bound is $$AM - GM \leq AM - HM = \frac{a_1+\dots+a_n}{n} - \frac{n}{1/a_1 + \dots + 1/a_n}$$ etc.

See http://en.wikipedia.org/wiki/Generalized_mean#Generalized_mean_inequality

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Power mean inequality can give many bounds for the different between AM and GM. Most simple is $$AM - GM \leq \max_i a_i - \min_i a_i.$$ Another bound is $$AM - GM \leq AM - HM = \frac{a_1+\dots+a_n}{n} - \frac{n}{1/a_1 + \dots + 1/a_n}$$ etc.

See http://en.wikipedia.org/wiki/Generalized_mean#Generalized_mean_inequality