Consider the following statements:

Statement I: Quantum computers have the potential to outperform the most powerful conventional computers by solving complex mathematical problems in fewer steps.

Statement II: A single qubit holds less information than a classical bit thereby contributing to the quickness of calculations.

Statement III: Quantum computers achieve their computational advantage by leveraging quantum phenomena like superposition and entanglement.

Which one of the following is correct in respect of the above statements?

1
Both Statement II and Statement III are correct, and both of them explain Statement I.
2
Both Statement II and Statement III are correct, but only one of them explains Statement I.
3
Only one of the Statements II and III is correct, and that explains Statement I.
4
Neither Statement II nor Statement III is correct.

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