The following table shows data for four States:

State: A B C D

Per-capita income (Rs '000): 120 90 150 80

GDP growth rate (%): 6.5 7.2 5.8 8.0

Tele-density (per 100 people): 85 70 95 60

With reference to the above table, the following assumptions have been made:

1. A state's tele-density level is entirely unrelated to its economic development.

2. GDP growth rate alone is a complete measure of a state's economic development.

Which of the above assumptions is/are valid?