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?

Options

1. ABoth Statement 1 and Statement 2 are correct and Statement 2 is the correct explanation of Statement 1
2. BBoth Statement 1 and Statement 2 are correct and Statement 2 is the correct explanation of Statement 1
3. CStatement 1 is correct but Statement 2 is not correct
4. DStatement 2 is correct but Statement 1 is not correct