Given,
$x + \frac{1}{x} = 4$
(i) Squaring both sides,
$$\begin{aligned}\Rightarrow \Big(x + \frac{1}{x}\Big)^2 = (4)^2 \\[1em] \Rightarrow x^2 + \frac{1}{x^2} + 2 \times x \times \frac{1}{x} = 16 \\[1em] \Rightarrow x^2 + \frac{1}{x^2} + 2 = 16\end{aligned}$$
Subtracting 4 from both sides,
$$\begin{aligned}\Rightarrow \Big(x^2 + \frac{1}{x^2} + 2\Big) - 4 = 16 - 4 \\[1em] \Rightarrow x^2 + \frac{1}{x^2} - 2 = 12\end{aligned}$$
Using the identity $\Big(a - \frac{1}{a}\Big)^2 = a^2 + \frac{1}{a^2} - 2$,
$$\begin{aligned}\Rightarrow \Big(x - \frac{1}{x}\Big)^2 = 12 \\[1em] \Rightarrow x - \frac{1}{x} = \pm\sqrt{12} \\[1em] \Rightarrow x - \frac{1}{x} = \pm 2\sqrt{3}\end{aligned}$$
Hence, $\bm{x - \frac{1}{x} = \pm 2\sqrt{3}}$.
(ii) From part (i),
$x^2 + \frac{1}{x^2} + 2 = 16$
Subtracting 2 from both sides,
$$\begin{aligned}\Rightarrow x^2 + \frac{1}{x^2} = 16 - 2 \\[1em] \Rightarrow x^2 + \frac{1}{x^2} = 14\end{aligned}$$
Hence, $\bm{x^2 + \frac{1}{x^2} = 14}$.
(iii) From part (ii),
$x^2 + \frac{1}{x^2} = 14$
Squaring both sides,
$$\begin{aligned}\Rightarrow \Big(x^2 + \frac{1}{x^2}\Big)^2 = (14)^2 \\[1em] \Rightarrow x^4 + \frac{1}{x^4} + 2 = 196 \\[1em] \Rightarrow x^4 + \frac{1}{x^4} = 196 - 2 \\[1em] \Rightarrow x^4 + \frac{1}{x^4} = 194\end{aligned}$$
Hence, $\bm{x^4 + \frac{1}{x^4} = 194}$.