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Weekly Quiz 3 (PM) Type: Graded QuizTime: 20m Questions: 10Question No: 1 KNN can be used for both Classification and Regression problems. TrueFalseNote: KNN can be used for both classification and regression problems. Question No: 2 You have given the following 2 statements, find which of these option is/are true in case of k-NN? 1.In case of very large value of k, we may include points from other classes into the neighborhood. 2.In case of too small value of k the algorithm is very sensitive to noise Only 1Only 2Both 1 & 2None of the above Question No: 3 What is K in KNN ? 1 - Number of nearest neighbors to the new data point considered to decide the class of the new data point 2 - Number of nearest neighbors to the new data point, majority class out of which is assigned to the new data point, based on simple 'voting' Only 1Only 2Both 1 & 2None of the above Question No: 4 Which one of the following is not true about KNN?