Identify the correct statement(s) about exchangeability.
I. Cause-effect relationship is essential in machine learning to explain why something happens.
II. Training data and test data are independent and identically distributed when the attributes of the data are related and the law that generates the data is the same.
III. Machine learning eliminates the differences in data, reduces the errors and finds the mapping between inputs and outputs.
IV. Independent and identically distributed is an important assumption to build, evaluate and generalize a predictive model.