Answer & Explanation
In every row, we have two similar shapes and an arrow. Notice that the shape changes in a certain way, it expands in the direction of the arrow. For example, in the top row, we have a cloud in the left frame. In the middle frame we have the same cloud, but now it is wider. Notice the arrow in the right frame is horizontal (it points to the right and left), it tells us to stretch the figure horizontally (to the right and left). Therefore, the cloud in the middle frame got wider.
In the bottom row, we have a small sun in the left frame. In the middle frame, we have a large sun. The missing frame should contain an arrow pointing in four directions, to show that the sun became larger in all directions. We can eliminate answer choices 1 and 5, because they point in only two directions, not four directions.
Additionally, down a column we have three colors; first (top) white, then (middle) blue, and finally (bottom) yellow. In the last column the order changes, it shifts up one color. We start at the top with blue, then in the middle with yellow. In the missing frame, we should have the next and missing, color; the color white. We can further eliminate answer choices 2 and 3, because they are not white.
We are left with answer choice 4, which is the correct answer.