The correct option is B Only STATEMENT II is correct.
Let the data of the weight of 7 students be given as:
40,43,44,40,45,46,48
Here, the value 40 occurs the maximum number of times, thus the given data set has mode 40 which lies in the given data.
Now, consider the data of the age of 5 students be given as:
12,24,34,14,23
Since, each value exists for the same number of times, therefore this data set will have no mode.
Hence, it is not recessary that every data set will have a mode.