Given below are two statements :
Statement I : The limiting molar conductivity of KCl (strong electrolyte) is higher compared to that of CH₃COOH (weak electrolyte).
Statement II : Molar conductivity decreases with decrease in concentration of electrolyte.

In the light of the above statements, choose the most appropriate answer from the options given below :
(1) Statement I is true but Statement II is false.
(2) Statement I is false but Statement II is true.
(3) Both Statement I and Statement II are true.
(4) Both Statement I and Statement II are false.