Step 1: Understand the task.
This is a collocation match: each verb in Column I pairs with the noun it most naturally goes with in Column II.
Step 2: Match Conduct.
In English we naturally say conduct a study, so Conduct pairs with option $2$, giving $A\to 2$.
Step 3: Match Refute.
We commonly say refute an argument, so Refute pairs with option $4$, giving $B\to 4$.
Step 4: Match Propose.
The usual phrase is propose a theory, so Propose pairs with option $1$, giving $C\to 1$.
Step 5: Match Analyze.
We naturally say analyze data, so Analyze pairs with option $3$, giving $D\to 3$.
Step 6: Assemble the matching.
Collecting the pairs gives $A\text{-}2, B\text{-}4, C\text{-}1, D\text{-}3$.
\[ \boxed{\text{A-2, B-4, C-1, D-3}} \]