3. Coach Kyle has some top athletes who have the potential to qualify for Olympics. They have been training very had for the 5000 and 10000 meters running competition. The coach has been recording their timings for each 1000 meters. In the practice sessions, each athlete runs a distance in multiples of 1000 meters and the coach records their time for every 1000 meters.
Write a python program that reads a text file consisting of following data:

Alice 3:15, 2:45, 3:30, 2:27, 3:42

Bob 2:25, 3:15, 3:20, 2:57, 2:42, 3:27

Charlie 2:45, 3:25, 3:50, 2:27, 2:52, 3:12

David 2:15, 3:35, 3:10, 2:47

1. Use a function to read the data from the file

2. Implement the logic using Dictionary, List, and String.

3. Use maketrans and translate functions to replace commas with spaces

4. Use split function to split the timings into individual elements of a list

5. Perform necessary calculations to display min, max, and avg timings of each athlete