Given i.i.d. random variables $X_i$ that are bounded ($C_1 <=X_i <=C_2$ for $C_1>0$), as well as a symmetric function $f(X_1,\cdots,X_N)$ (i.e., invariant with respect to permutations of $X_i$'s). Is there any inequality that is sharper than McDiarmid's inequality, for bounding the probability that $f$ deviates from its mean?
It seems to me that McDiarmid doesn't make use of the symmetry at all, and thus there might be a stronger concentration at the mean than McDiarmid predicts.
A concrete example of such a symmetric function is $f=\frac{N\sum X_i^2}{(\sum X_i)^2}$. Thank you.
