Step 1: Analyze Statement 1.
The time period of a simple pendulum depends only on the length \( l \) and acceleration due to gravity \( g \), not on the density of the material of the pendulum. Therefore, Statement 1 is false.
Step 2: Analyze Statement 2.
The time period of a simple pendulum is indeed given by the formula:
\[
T = 2 \pi \sqrt{\frac{l}{g}},
\]
where \( l \) is the length and \( g \) is the acceleration due to gravity. Thus, Statement 2 is true.
Step 3: Conclusion.
Therefore, Statement I is false and Statement II is true.
Final Answer:
\[
\boxed{\text{Statement I is false; Statement II is true.}}
\]