Consider the two algorithms below.

Algorithm I Algorithm II

count $0$

total $0$

FOR EACH element IN numberList

$\{$

total $$ total $+$ element

count $$ count $+1$

avg $$ total $/$ count

$\}$

DISPLAY$($avg$)$ count $0$

total $0$

FOR EACH element IN numberList

$\{$

total $$ total $+$ element

count $$ count $+1$

$\}$

avg $$ total $/$ count

DISPLAY$($avg$)$

Which of the following is true about the number of steps in the algorithms?

Algorithm I is more efficient than algorithm II$.$

Algorithm II is more efficient than algorithm I.

Algorithm I and algorithm II are equally efficient.

Algorithm II and algorithm I are both inefficient.