When is the ovum released during the menstrual cycle?

In human females,which of the following statements is incorrect?

During the menstrual cycle,cyclical changes take place in:

Given below are two statements with respect to the menstrual cycle.
$Statement-I$: The menstrual phase in the menstrual cycle occurs when an ovulated egg is not fertilized and is thus shed out along with the endometrium.
$Statement-II$: The menstrual phase is often referred to as the 'funeral of an unfertilized egg'.
Choose the most appropriate answer from the options given below.

$A$ woman with a typical $28 \; \text{day}$ menstrual cycle is most likely to become pregnant as a result of sexual intercourse on which days of the cycle?

Ovulation occurs under the influence of ...........