Given below are two statements :
Statement I : Mean deviation is a better measure of dispersion than the quartile deviation.
Statement II : Mean deviation is obtained by dividing the algebraic sum of deviations about mean by total number of observations.
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