Given below are two statements
Statement I: If fractions \(\frac{1}{2}\), \(\frac{1}{3}\), \(\frac{1}{6}\) and \(\frac{2}{3}\) are arranged in ascending order, then the correct sequence is \(\frac{1}{6}\), \(\frac{1}{3}\), \(\frac{2}{3}\), \(\frac{1}{2}\).
Statement II: \(\frac{5}{6}\) is smaller than \(\frac{3}{7}\).
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