Last visit was: 13 Dec 2024, 15:59 It is currently 13 Dec 2024, 15:59
Close
GMAT Club Daily Prep
Thank you for using the timer - this advanced tool can estimate your performance and suggest more practice questions. We have subscribed you to Daily Prep Questions via email.

Customized
for You

we will pick new questions that match your level based on your Timer History

Track
Your Progress

every week, we’ll send you an estimated GMAT score based on your performance

Practice
Pays

we will pick new questions that match your level based on your Timer History
Not interested in getting valuable practice questions and articles delivered to your email? No problem, unsubscribe here.
Close
Request Expert Reply
Confirm Cancel
User avatar
Bunuel
User avatar
Math Expert
Joined: 02 Sep 2009
Last visit: 13 Dec 2024
Posts: 97,874
Own Kudos:
685,618
 []
Given Kudos: 88,269
Products:
Expert reply
Active GMAT Club Expert! Tag them with @ followed by their username for a faster response.
Posts: 97,874
Kudos: 685,618
 []
1
Kudos
Add Kudos
1
Bookmarks
Bookmark this Post
User avatar
GMATinsight
User avatar
GMAT Club Legend
Joined: 08 Jul 2010
Last visit: 13 Dec 2024
Posts: 6,074
Own Kudos:
14,605
 []
Given Kudos: 125
Status:GMAT/GRE Tutor l Admission Consultant l On-Demand Course creator
Location: India
GMAT: QUANT+DI EXPERT
Schools: IIM (A) ISB '24
GMAT 1: 750 Q51 V41
WE:Education (Education)
Products:
Expert reply
Active GMAT Club Expert! Tag them with @ followed by their username for a faster response.
Schools: IIM (A) ISB '24
GMAT 1: 750 Q51 V41
Posts: 6,074
Kudos: 14,605
 []
1
Kudos
Add Kudos
2
Bookmarks
Bookmark this Post
User avatar
mohshu
Joined: 21 Mar 2016
Last visit: 26 Dec 2019
Posts: 448
Own Kudos:
Given Kudos: 103
Products:
Posts: 448
Kudos: 127
Kudos
Add Kudos
Bookmarks
Bookmark this Post
User avatar
GMATinsight
User avatar
GMAT Club Legend
Joined: 08 Jul 2010
Last visit: 13 Dec 2024
Posts: 6,074
Own Kudos:
Given Kudos: 125
Status:GMAT/GRE Tutor l Admission Consultant l On-Demand Course creator
Location: India
GMAT: QUANT+DI EXPERT
Schools: IIM (A) ISB '24
GMAT 1: 750 Q51 V41
WE:Education (Education)
Products:
Expert reply
Active GMAT Club Expert! Tag them with @ followed by their username for a faster response.
Schools: IIM (A) ISB '24
GMAT 1: 750 Q51 V41
Posts: 6,074
Kudos: 14,605
Kudos
Add Kudos
Bookmarks
Bookmark this Post
mohshu
the mean is 3.5,,, hence closer to the mean gives no change in SD

ans D... 3.5...

A little correction/clarification

- A new value included in set which is closer to the mean than the value of standard deviation REDUCES standard deviation

- A new value included in set which is at an equal distance from the mean as the value of standard deviation is causes NO CHANGE standard deviation


- A new value included in set which is at a greater distance from the mean than the value of standard deviation INCREASES the standard deviation

Posted from my mobile device
User avatar
HKD1710
User avatar
Retired Moderator
Joined: 22 Jun 2014
Last visit: 26 Feb 2021
Posts: 965
Own Kudos:
Given Kudos: 182
Location: India
Concentration: General Management, Technology
GMAT 1: 540 Q45 V20
GPA: 2.49
WE:Information Technology (Computer Software)
GMAT 1: 540 Q45 V20
Posts: 965
Kudos: 4,181
Kudos
Add Kudos
Bookmarks
Bookmark this Post
Closer to the mean and lesser the deviation. If equal to the mean then zero deviation.

for the set 1,2,3,4,5,6 ---> mean is 3.5

If we add y as 3.5 then there will be no deviation. hence D :)
User avatar
BrentGMATPrepNow
User avatar
GMAT Club Legend
Joined: 12 Sep 2015
Last visit: 13 May 2024
Posts: 6,786
Own Kudos:
Given Kudos: 799
Location: Canada
Expert reply
Posts: 6,786
Kudos: 32,200
Kudos
Add Kudos
Bookmarks
Bookmark this Post
Bunuel
Set A = {1, 2, 3, 4, 5, 6, y}

Which of the following possible values for y would cause Set A to have the smallest standard deviation?

A. 1
B. 2.5
C. 3
D. 3.5
E. 7

Some background about Standard Deviation on the GMAT

For the purposes of the GMAT, it's sufficient to think of Standard Deviation as the Average Distance from the Mean. Here's what I mean:

Consider these two sets: Set A {7,9,10,14} and set B {1,8,13,18}
The mean of set A = 10 and the mean of set B = 10
How do the Standard Deviations compare? Well, since the numbers in set B deviate the more from the mean than do the numbers in set A, we can see that the standard deviation of set B must be greater than the standard deviation of set A.

Alternatively, let's examine the Average Distance from the Mean for each set.

Set A {7,9,10,14}
Mean = 10
7 is a distance of 3 from the mean of 10
9 is a distance of 1 from the mean of 10
10 is a distance of 0 from the mean of 10
14 is a distance of 4 from the mean of 10
So, the average distance from the mean = (3+1+0+4)/4 = 2

B {1,8,13,18}
Mean = 10
1 is a distance of 9 from the mean of 10
8 is a distance of 2 from the mean of 10
13 is a distance of 3 from the mean of 10
18 is a distance of 8 from the mean of 10
So, the average distance from the mean = (9+2+3+8)/4 = 5.5

IMPORTANT: I'm not saying that the Standard Deviation of set A equals 2, and I'm not saying that the Standard Deviation of set B equals 5.5 (They are reasonably close however).

What I am saying is that the average distance from the mean can help us see that the standard deviation of set B must be greater than the standard deviation of set A.
More importantly, the average distance from the mean is a useful way to think of standard deviation. This model is a convenient way to handle most standard deviation questions on the GMAT.

-------------------------------------------------------

In the given question, the set {1, 2, 3, 4, 5, 6} has a mean of 3.5

Our goal is to determine the value of y that, when added to the set" will result in the smallest standard deviation.

If y = 3.5, this new value is a distance of 0 from the mean.
So, this y-value will result in the new set having the smallest standard deviation.

RELATED VIDEO FROM OUR COURSE
User avatar
JeffTargetTestPrep
User avatar
Target Test Prep Representative
Joined: 04 Mar 2011
Last visit: 05 Jan 2024
Posts: 3,023
Own Kudos:
Given Kudos: 1,646
Status:Head GMAT Instructor
Affiliations: Target Test Prep
Expert reply
Posts: 3,023
Kudos: 7,209
Kudos
Add Kudos
Bookmarks
Bookmark this Post
Bunuel
Set A = {1, 2, 3, 4, 5, 6, y}

Which of the following possible values for y would cause Set A to have the smallest standard deviation?

A. 1
B. 2.5
C. 3
D. 3.5
E. 7

Let’s first calculate the mean of the given 6 numbers:

(1 + 2 + 3 + 4 + 5 + 6)/6 = 21/6 = 7/2 = 3.5

We may recall that the closer the values in our set are to the mean, the smaller the standard deviation. Thus, when selecting a value for y, we want to select the value that will be closest to 3.5.

Thus, we see that choice D, 3.5, is correct choice.

Answer: D
User avatar
bumpbot
User avatar
Non-Human User
Joined: 09 Sep 2013
Last visit: 04 Jan 2021
Posts: 35,811
Own Kudos:
Posts: 35,811
Kudos: 929
Kudos
Add Kudos
Bookmarks
Bookmark this Post
Hello from the GMAT Club BumpBot!

Thanks to another GMAT Club member, I have just discovered this valuable topic, yet it had no discussion for over a year. I am now bumping it up - doing my job. I think you may find it valuable (esp those replies with Kudos).

Want to see all other topics I dig out? Follow me (click follow button on profile). You will receive a summary of all topics I bump in your profile area as well as via email.
Moderator:
Math Expert
97874 posts