Step 1: Understanding the concept.
For an electric dipole, the electric field at a point on the axial line at a distance \( r \) from the center of the dipole varies with the inverse cube of the distance (\( r^{-3} \)). The field intensity \( E \) due to an electric dipole is given by:
\[
E = \dfrac{1}{4 \pi \varepsilon_0} \dfrac{2p}{r^3}
\]
where \( p \) is the dipole moment and \( r \) is the distance from the center of the dipole along the axial line. This shows that the electric field intensity decreases as \( r^{-3} \).
Step 2: Analyzing the options.
(1) \( r \): This is incorrect. The electric field intensity does not vary linearly with distance for a dipole.
(2) \( r^2 \): This is incorrect. This would be true for a point charge, not a dipole.
(3) \( r^{-2} \): This is incorrect. This would apply to the electric field of a monopole or point charge, but not a dipole.
(4) \( r^{-3} \): Correct. The electric field intensity due to a dipole falls off as \( r^{-3} \) along the axial line.
Step 3: Conclusion.
The correct answer is (4) \( r^{-3} \), as the electric field due to a dipole decreases with the cube of the distance on the axial line.