The statement clearly states that 30% of students scored more than 80%, and the rest scored below 40%.
This implies that no students scored in the range 40%-80%, making inference I correct.
Since the majority of students scored below 40%, most students have not performed well, making inference II correct as well.
Thus, the correct answer is Both inferences I and II follow.
Study the following question carefully and choose the right answer.
Statement: Should articles of only deserving authors be allowed to be published?
Arguments: \[\begin{array}{|c|l|}\hline (I) & \text{No, it is not possible to draw a line between the deserving and the undeserving.} \\ \hline (II) & \text{Yes, it will save a lot of paper which is already in short supply.} \\ \hline \end{array}\]