The compound CH\(_3\)CH\(_2\)OH has two carbon atoms, an -OH group, and no double or triple bonds, indicating an alcohol. For alcohols, the IUPAC name is based on the number of carbon atoms:
- 1 carbon: Methanol
- 2 carbons: Ethanol
- 3 carbons: Propanol
- 4 carbons: Butanol
Since there are two carbons, the name is ethanol. Thus, option (2) is correct.