Which of the following statements are correct while designing a component for fatigue?

I. Stress life method is used for designing for low cycle and high cycle fatigue

II. Strain life method involves analysis of plastic deformation at a localized region.

III. Linear-elastic fracture mechanics use the fracture toughness of the material.

IV. Paris equation is used to determine the rate of crack growth.

Choose the best option from below :

1
I and II are correct but III and IV are incorrect
2
II and III are correct but I and IV are incorrect
3
I, II and III are correct but IV is incorrect
4
I, II, III and IV are correct

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