Directions (75-79): Read the given number series carefully to answer the related questions:

692    318    196     486 7   54

What is the sum of the 2nd highest number and 2nd lowest number?

The correct option is 1010.

Let us analyze the given number series carefully. Identifying the numbers by their spacing, the series consists of the following five numbers:
692, 318, 196, 486, 754

First, let us arrange these numbers in ascending order (from smallest to largest):
196 < 318 < 486 < 692 < 754

From this ordered list, we can identify the required values:
- The second lowest number is 318.
- The second highest number is 692.

Now, we calculate the sum of the second highest number and the second lowest number:

$\text{Sum}=692+318$

$\text{Sum}=1010$

Therefore, the sum of the second highest and second lowest number is 1010.