Given below are two statements:
Statement I: The risk of rejecting the null hypothesis when it should be confirmed, is more at $0.05 \mathrm{p}$-level than at $0.01 \mathrm{p}$-level
Statement II: The risk of committing a type-I error is lower at $0.05 \mathrm{p}$-level than at $0.01 \mathrm{p}$-level
In the light of the above statements, choose the correct answer from the options given below.
- Both Statement $\text{I}$ and Statement $\text{II}$ are true
- Both Statement $\text{I}$ and Statement $\text{II}$ are false
- Statement $\text{I}$ is true but Statement $\text{II}$ is false
- Statement $\text{I}$ is false but Statement $\text{II}$ is true
