In the paper the maximum and the minimum of the ratio of the difference of
the arithmetic mean and the geometric mean, and the difference of the power
mean and the geometric mean of n variables, is studied. A new optimization
argument was used which reduces n variable optimization problem to a single
variable. All possible cases of the choice of the power mean and the choice of
the number of variables of the means is studied. The obtained results
generalize and complete the earlier results which were either for specific
intervals of power means or for small number of variables of the means. Some of
the results are formulated as the best constant inequalities involving
interpolation of the arithmetic mean and the geometric mean