MP3 and MP4 are both well-known file formats used for storing digital media. What is the primary difference between these two formats?

1
MP3 files typically have a smaller file size compared to MP4 files of the same length. 
2
MP3 files can store both audio and video, while MP4 files can only store audio. 
3
MP3 is a codec used for compressing video files, while MP4 is used for audio files.
4
MP4 files contain only video information, while MP3 files contain only audio information.

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