Final answer:
The IF statement in question checks whether the weekday is neither Saturday nor Sunday. If true, it returns "GO TO WORK"; otherwise, it returns "HEAD TO BEACH". Statement 3 accurately describes the statement's function.
Step-by-step explanation:
Among the options provided for interpreting the IF statement in the question, the correct one is as follows: The IF statement checks if the weekday is not Saturday or Sunday, and if that condition is true, it returns "GO TO WORK". If the condition is false, which means it is either Saturday or Sunday, it returns "HEAD TO BEACH". Thus, statement 3 is the correct interpretation of the IF statement provided. According to this, if the variable Weekday holds a value other than "saturday" or "sunday", the result will be "GO TO WORK". Otherwise, if Weekday is either "saturday" or "sunday", the result will be "HEAD TO BEACH".