Given below are two statements about music files :
Statement I : A music clip stored in MP3 format would take up more memory than the same clip stored in WAV format.
Statement II : Music files stored in MP3 format are of better quality than files stored in WAV format.
In the light of the above statements, choose the correct answer from the options given below.
1
Both Statement I and Statement II are true.
2
Both Statement I and Statement II are false.
3
Statement I is true but Statement II is false.
4
Statement I is false but Statement II is true.