What is meant by "misguidance" (ḍalālah) and "guidance" (hudā) in this verse?

Imām Ibn al-Jawzī (d. 597 AH / 1201 CE) summarized the scholars' opinions in his book "Zād al-Masīr" as follows:

1. "Misguidance" refers to disbelief, and "guidance" refers to faith. [al-Ḥasan, Qatādah, al-Suddī]
2. "Misguidance" refers to doubt, and "guidance" refers to certainty.
3. "Misguidance" refers to ignorance, and "guidance" refers to knowledge.