In algorithmic efficiency, you can choose to utilize a sequential search or a binary search. Which set is accurate regarding the two search types?
A) Sequential search requires less guesses than binary, and its formula is (N+1)/2
B) Sequential search requires more guesses than binary, and its formula is (N+1)/2
C) Sequential search requires less guesses than binary, and its formula is logN
D) Sequential search requires more guesses than binary, and its formula is logN