Select the correct option with regard to compression members.
Statement 1: For very short compression steel members, the failure stress will equal the yield stress and buckling will occur.
Statement 2: For long compression steel members, the Euler formula predicts the strength very well, where the axial buckling stress remains below the proportional limit.
1
Both statements are correct.
2
Both statements are incorrect.
3
Statement 1 is correct, and statement 2 is incorrect.
4
Statement 1 is incorrect, and statement 2 is correct.