To determine which outcome is more likely, we need to consider the probability of each outcome occurring.
(i) The sequence (2 2 2 2 2 2 2 2 2 2 2 2) consists only of the number 2. Since each roll of the fair die has 6 possible outcomes (numbers 1 to 6), the probability of getting a sequence consisting only of 2s is (1/6)^12, which is extremely low but not absolutely impossible.
(ii) The sequence (1 1 2 2 3 3 4 4 5 5 6 6) consists of two of each number from 1 to 6. There are 12!/(2!2!2!2!2!2!) possible arrangements of these numbers, which is much larger than the probability of getting sequence (i).
(iii) The sequence (4 6 2 1 3 5 2 6 4 3 1 5) is a random arrangement of the numbers 1 to 6. Similarly to (ii), there are 12!/(2!2!2!2!2!2!) possible arrangements.
Based on these considerations, we can conclude that (ii) and (iii) are both more likely to occur than (i). Therefore, the correct answer is option E: Both (B) and (C) are true.