Given below are two statements
Statement I: Exploratory studies mainly aim at developing hypotheses or questions for further research.
Statement II: The goal of formal study is to test the hypotheses or answer the questions posed.
In 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