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Bunuel
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Solution


Given:
    • Each of the 10 students, working with an NGO, received cash prize

To find:
    • Whether the amount of cash prize received by each of them is same or not

Analysing Statement 1
    • Given, standard deviation of the cash prizes = 0
      o Implies, that each amount is equal to the mean
    • Thus, the amount of each cash prize received was same

Therefore, Statement 1 alone is sufficient to answer this question

Analysing Statement 2
    • Given that the sum of the 10 cash prizes = $500

We cannot say a definite yes or no, using this information

Therefore, Statement 2 alone is not sufficient to answer this question

Hence, the correct answer is Option A

Answer: A

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