Consider the following statements: In the Electoral College for Presidential Election in India:
1. The value of the vote of an elected Member of Legislative Assembly equals State Population / (Number of elected MLAs of the State x 100).
2. The value of the vote of an elected Member of Parliament equals Total value of the votes of all elected MLAs / Total number of elected MPs.
3. There were more than 5000 members in the latest election.
Which of these statements is/are correct?