Solution

ID: past-exam-of-the-functional-analysis-and-banach-and-c-algebras-course-of-the-university-of-oxford/2008/a/2/b/solution

For , choose the consecutive shifts , . The average telescopes:
Its absolute value is at most . Taking the limit superior and then the infimum over proves .
For the requested functional, use the allowed sublinearity of . On convergent sequences, every finite shifted average has the same limiting value, so equals the ordinary limit there. Hahn-Banach extends this limit to a linear satisfying . Apply domination to and to to obtain respectively and . Hence
This is a Banach limit; the two-sided limit bounds also show positivity, norm one, and agreement with ordinary limits.

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