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A fifth-degree polynomial in $x$ is defined for $x>0$. All coefficients of the polynomial are positive. The first derivative of the polynomial is obtained numerically at a point by using the first-order forward as well as the first-order backward difference methods. Identical step lengths are used for both the methods.

Following statements are made.

  1. Forward difference method underestimates the true derivative.
  2. Backward difference method overestimates the true derivative.

Which one of the following options is CORRECT?

  1. Both statements $\text{(I)}$ and $\text{(II)}$ are FALSE.
  2. Both statements $\text{(I)}$ and $\text{(II)}$ are TRUE.
  3. Statement $\text{(I)}$ is TRUE and statement $\text{(II)}$ is FALSE.
  4. Statement $\text{(I)}$ is FALSE and statement $\text{(II)}$ is TRUE.

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