The correct option is B Both the statements are correct.
A value for the data set that can be used as a representative for the collection of data is called the measure of central tendency.
For an example, the average of a data set can be used to represent that specific data set and can be used to compare multiple data sets.
Hence, the measure of central tendency provides information about the data set without listing all its values.
It also helps in comparing multiple data sets.
∴ Both statements I and II are correct, i.e., (b.) is the correct option.