A student measuring the diameter of a pencil of circular cross-section with the help of a vernier scale records the following four readings 5.50 mm. 5.55 mm, 5.45 mm ; 5.65 mm. The average of these four readings is 5.5375 mm and the standard deviation of the data is 0.07395 mm. The average diameter of the pencil should therefore be recorded as:
Option: 1
Option: 2
Option: 3
Option: 4