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Economics

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Nov 24, 2024

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According to Sorby (2017) “Inference refers to the conclusion drawn based on the facts and evidence available, that is deductions are made in accordance with the research conducted.” (Paragraph 1). Observation and Inference Example Observation: I observed a young man in his early twenties, dressed in athletic attire, jogging in the park. He had a water bottle strapped to his waist and was wearing headphones. He appeared focused and determined. Interaction with a Product or Service: The man slowed down near a sports store and glanced through the window display. He stopped to examine a pair of running shoes, tried them on, walked around a bit, and then put them back on the shelf without making a purchase. Inference about Motives, Priorities, or Perceptions: Based on the observation, it can be inferred that the man values quality and performance. His careful examination of the running shoes suggests that he prioritizes finding the right equipment that will enhance his athletic performance. It's possible that he perceives the shoes as not meeting his expectations in terms of comfort, fit, or overall quality. Alternative Inference about Motives, Priorities, or Perceptions: Alternatively, it can be inferred that the man might have determined that the price of the running shoes was too high for his current budget. Despite being interested in the shoes, he might give a higher priority to allocating his resources towards other essential expenses or saving for future goals. This alternative inference suggests that he weighs his financial situation and prioritizes responsible spending. Reference Surbhi, S, (2017 Septemper 28). Difference Between Observation and Inference. Key differences. https://keydifferences.com/difference-between-observation-and-inference.html
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