If $\alpha$ and $\beta$ are the roots of the equation $x^{2}-3 \lambda x+\lambda^{2}=0,$ find $\lambda$ if $\alpha^{2}+\beta^{2}=\frac{7}{4}$

  • A
    $\pm \frac{1}{2}$
  • B
    $\pm \frac{\sqrt{7}}{2}$
  • C
    $\pm \frac{\sqrt{3}}{2}$
  • D
    $None \, of \, these$

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