An inference is the process where new facts are derived from known facts
Fact is a known truth
Theory is a something that someone has predicted.
BTW, are you in Lisgar Collegiate Institute?
Isn't a theory based on facts and what is proven so far and speculation being what could happen if..
A hypothesis is an educated quess while a theory is a widly supported idea. The relationship between them is that they both aren't necessarily correct. An example of a theory is the theory of evolution and natural selection. They have a lot of facts to back them up, but there is no inconclusive evidence to prove they are laws of science.
Facts are information that you have confirmed and know to be true. Inferences are things you believe to be true and have taken an educated guess on based on the information and facts that you have available at the time.
It is a scientific theory
Theory
explain in details the relationships between economics facts, theory and policy.
Isn't a theory based on facts and what is proven so far and speculation being what could happen if..
A hypothesis is an educated quess while a theory is a widly supported idea. The relationship between them is that they both aren't necessarily correct. An example of a theory is the theory of evolution and natural selection. They have a lot of facts to back them up, but there is no inconclusive evidence to prove they are laws of science.
Facts are information that you have confirmed and know to be true. Inferences are things you believe to be true and have taken an educated guess on based on the information and facts that you have available at the time.
Facts are known knowledge versus a theory is a statement based on facts which may not be completely true
Implications refer to the potential consequences or effects of something, while inferences are conclusions or interpretations drawn based on available information. Implications are typically broader and can encompass a range of possible outcomes, while inferences are specific interpretations made based on evidence or reasoning.
facts, inferences
It is important to distinguish inferences from facts for several reasons. An inference is simply a prediction or hypothesis, while a fact is something that has been proven, and they are very different from one another.
Facts and Fiction
assumed facts from which inferences are drawn and opinions formed
Facts assumed to be fixed or true from which inferences are drawn and opinions formed
making inferences means choosing the most likely explanation from the facts at hand.