How "and" operator is working here?

Question

x = [0,0,0]
y = [1,1,1]
b = x and y
print(not b)

output:False

Now my question is, why b = [1,1,1] and output is "False"

Answer 1

x=[0,0,0]
# x=True as x contains 3 elements and x is not an empty list.
# y=True the same as x.
#x and y =True * True = 1*1=True.
print(not b=not True)
#False

Answer 2

and is used for logic you cant assign values with and.