Read the given statement and conclusions carefully. Assuming that the information given in the statements is true, even if it appears to be at variance with commonly known facts, decide which of the given conclusions is true based on the given statement : 

Statement : P ≥ Q = Z ≤ S = M > N

Conclusions :

I. P ≥ Z 

II. P < S

1
Both I and II are true 
2
Neither I nor II is true 
3
Only I is true 
4
Only II is true 

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