Let M = {1,2,3,4,5,6,7}
Mean(M) = 4
Variance = [(4-1)^2 + (4-2)^2 + (4-3)^2 + (4-4)^2 + (4-5)^2 + (4-6)^2 + (4-7)^2]/7 = 4
SD(M) = Root(Variance) = 2
Set N contains 3 values, all taken from Set M
Is SD(N) > 2? Or Is Variance(N) > 4?
(1) Set N contains the median of set M.
If N = {1,4,7}:
Mean = 4
Variance = [(4-1)^2 + (4-4)^2 + (4-7)^2]/3 = 6
SD(N) is greater than SD(M)
If N = {2,4,6}
Mean = 4
Variance = [(4-2)^2 + (4-4)^2 + (4-6)^2]/3 = 8/3
SD(N) is less than SD(M)
Not sufficient
(2) The range of set M and set N are equal.
Range of N = 6 which means that N has to contain elements 1 and 7
Which leaves us to the last element
Let us consider the 3 possible cases of different SD
Case 1: 3rd element = 2, Mean=3.33
Variance = [(3.33-1)^2 + (3.33-2)^2 + (3.33-7)^2]/3 = 6.88
Case 2: 3rd element = 3, Mean=3.66
Variance = [(3.66-1)^2 + (3.66-3)^2 + (3.66-7)^2]/3 = 6.22
Case 3: 3rd element= 4, Mean=4
Variance = [(4-1)^2 + (4-4)^2 + (4-7)^2]/3 = 6
Rest will be same as Case 1, 2 and 3
So SD(M) < SD(N) for every case
Sufficient
Answer - BPosted from my mobile device