Given below are two statements:

Statement I: The product of two regression co-efficients, bxy and byx equals r2 and can not exceed 1.

Statement II: The average of two regression coefficients ((bxy + byx)/2) is always greater than the correlation coefficient, rxy

In the light of the above statements, choose the correct answer from the options given below:

1
Both Statement I and Statement II are correct
2
Both Statement I and Statement II are incorrect
3
Statement I is correct but Statement II is incorrect
4
Statement I is incorrect but Statement II is correct

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