Let $f, g: \mathbb{R} \rightarrow \mathbb{R}$ be two functions that are continuous and differentiable. Consider the following statements:
- $\min \{f, g\}$ is continuous
- $\max \{f, g\}$ is continuous
- $\max \{f, g\}$ is differentiable
Which of the following is $\text{TRUE?}$
- Only statement $1$ is correct
- Only statement $2$ is correct
- Only statement $3$ is correct
- Only statements $1$ and $2$ are correct
- None of the above