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SD for an AP = d * √2 (where d is he difference between 2 terms in the Arithmetic progression)
Eg: consider a set (450,460,470,480,490) SD for this set will be = 10√2
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This is not correct. That's easy to see using just a two-element set; the standard deviation of {10, 20}, for example, is 5, because every value is 5 away from the mean. It is not, as your formula would suggest, equal to 10√2. Or, if you take one of the very rare larger sets with an integer standard deviation, a list of seven consecutive integers:
1, 2, 3, 4, 5, 6, 7
that list famously has a standard deviation of 2, and not, as your formula would suggest, of √2. Your formula is producing the right answer for the specific set you provide, but will not produce the correct answer for smaller or larger sets.
But you definitely do not need to calculate standard deviations on the GMAT.
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