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Consider the following statements :

Statement 1 : Range is not a good measure of dispersion.

Statement 2 : Range is highly affected by the existence of extreme values.

Which one of the following is correct in respect of the above statements?

Mathematics 2017 NDA Mathematics 2017 NDA 2017

Options

Both Statement 1 and Statement 2 are correct and Statement 2 is the correct explanation of Statement 1

Both Statement 1 and Statement 2 are correct but Statement 2 is not the correct explanation of Statement 1

Statement 1 is correct but Statement 2 is not correct

Statement 2 is correct but Statement 1 is not correct