Given below are two statements:

Statement I: Analogical argument involves drawing a likeness between two or more entities in one or more respects.

Statement II: Analogical argument is a type of deductive argument. 

In the light of the above statements, choose the most appropriate answer from the options given below:

1
Both Statement I and Statement II are correct
2
Both Statement I and Statement II are incorrect
3
Statement I is correct but Statement II is incorrect
4
Statement I is incorrect but Statement II is correct

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