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(1): the range of a set is not enough to tell about its standard deviation => Insuff
(2): we don't care about the maximum value or minimum value, we do care about the distance from these values to the mean => Insuff

(1)&(2): still cannot compare standard deviation

=> IMO E
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Even if we know that both the range and mean of set X are greater than those of set Y, it's still not enough information to definitively conclude which set has a greater standard deviation.

For instance, consider the following sets:
Set X: 10, 20, 30, 40, 50, 60, 70, 80, 90, 100 (Mean = 55, Range = 90)
Set Y: 1, 2, 3, 4, 5, 6, 7, 8, 9, 50 (Mean = 9.5, Range = 49)
Here, Set X has higher mean and a larger range and also has a higher standard deviation.

But, consider the following sets:
Set X: 10, 50, 50, 50, 50, 50, 50, 50, 50, 100 (Mean = 51, Range = 90)
Set Y: 1, 1, 1, 1, 1, 1, 1, 1, 1, 90 (Mean = 9.9, Range = 89)
Here, Set X has both a higher mean and a larger range than Set Y. However, the standard deviation of Set Y is larger because of the outlier (90), which causes a greater spread of values around the mean compared to Set X.

Thus, even both statements together are not enough to answer the question.
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Hello from the GMAT Club BumpBot!

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