Let $a,\,b$ and $c$ be real numbers and let $K$ be the maximum of the function $y=|4x^3+ax^2+bx+c|$ in the interval $[-1,1]$. Show that $K\ge 1$. For which $a,\,b$ and $c$ is the equality occurs?
Let $p(x) = -ax^2 - bx - c$, so $p(x)$ is a quadratic (or lower degree) polynomial, and we want to find the smallest possible value of $K = \max\{|4x^3 - p(x)|:-1\leqslant x\leqslant 1\}.$
Notice that if $|4x^3 - p(x)| \leqslant K$ for $-1\leqslant x\leqslant 1$, then $|4(-x)^3 - p(-x)| = |4x^3 + p(-x)| \leqslant K$ for $-1\leqslant x\leqslant 1$. Therefore $|4x^3 - q(x)| \leqslant K$ for $-1\leqslant x\leqslant 1$, where $q(x) = \frac12(p(x) - p(-x))$. But $q(x)$ is an odd function. So to find the function that minimises $K$ we need only look at odd functions, and the only odd polynomials of degree at most $2$ are multiples of $x$.
Therefore in the polynomial $p(x) = -ax^2 - bx - c$ we should take $a=c=0$, and it is easy to see that the optimum value of $b$ is $-3$. Then (as in the diagram below) the graph of $y= 4x^3$ lies between the lines $y = 3x\pm1$ in the interval $[-1,1]$, and $1 = \max\{|4x^3 - 3x|:-1\leqslant x\leqslant 1\}$ is the smallest possible value for $K$.