Given below are two statements :

Statement I: In an inductive argument, the conclusion does not necessarily follow its premise.

Statement II: An inductive argument is valid if the truth of the premises guarantees the truth of the conclusion.

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

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