Concept:
Photochemical smog is a type of air pollution derived from vehicle emissions from internal combustion engines and industrial fumes. These pollutants react in the atmosphere with sunlight to form secondary pollutants.
Step 1: Understanding Photochemical Smog.
Photochemical smog requires high-intensity solar radiation (sunlight) to trigger the chemical reactions between nitrogen oxides ($NO_x$) and volatile organic compounds (VOCs). Consequently, it is a characteristic of summer or warm, sunny days rather than winter. Traditional "London-type" smog (sulfurous smog) is what typically occurs in cold, damp winter conditions. Therefore, statement (1) is incorrect.
Step 2: Evaluating Ozone statements.
Ozone is "good" in the stratosphere because it blocks UV rays but "bad" in the troposphere because it is a toxic pollutant and a major component of photochemical smog. Statements (2), (3), and (4) are all scientifically correct.