Step 1: Identify the distribution. Each child is independently a girl with probability \(p = 0.5\) or a boy with probability \(q = 1 - p = 0.5\). With \(n = 3\) children, the number of girls \(X\) follows a Binomial distribution with parameters \(n = 3\) and \(p = 0.5\), so \(X \sim B(3, 0.5)\).
Step 2: Compute the mean. For a Binomial distribution, \[E(X) = np = 3 \times 0.5 = 1.50\]
Step 3: Compute the variance. \[\text{Var}(X) = npq = 3 \times 0.5 \times 0.5 = 0.75\]
Step 4: Compute the standard deviation. \[\text{SD}(X) = \sqrt{0.75} \approx 0.87\]
Step 5: So Mean = 1.50 and SD = 0.87. \[\boxed{\text{Mean } 1.50,\ \text{SD } 0.87}\]