Consider the following statements.
In case of flood routing in a river channel by Muskingum method, the coefficient x represents:
1. A dimensionless constant indicating the relative importance of inflow and outflow in determining storage.
2. A storage constant having the dimension of time.
3. In natural channels, x usually varies between 0.1 and 0.3.
4. When the values of x equals 0.5, there exists the influence of both inflow and outflow on storage.
Which of these statements are correct?