LOG215- write a summary on Inferences, Interpretations and Conclusions Reasoning interprets information/data on the basis of what we believe to be true (beliefs and assumptions) in order to figure out something else. An inference is a step of the mind that leads to a conclusion. For example, you may study the financial reports of a company to make a judgment about its future performance. You believe that there is a governing body that regulates the content of financial reports and, based on that belief you assume that the financial report is honest and accurate. The report suggests that sales for the company will rise rapidly over the next year and you infer that it is therefore a good company in which to invest. The analysis of the financial report embodies your point of view on the subjects of capital markets, investment strategies, and the honesty of written reports. One's point of view and assumptions interact and result in inferences. Critical thinkers recognize the inferences being made, the assumptions (beliefs) upon which the inferences are based, and the point of view that is brought to bear on the analysis. Being able to dissect thinking into these component parts and to recognize