Consider the following statement:

Jeans are on sale at a nearby store.

Which conclusion would best demonstrate inductive reasoning based on this

fact?

The correct answer would be, They are overstocked and need to reduce inventory.

Explanation:

Inductive reasoning is a method of reasoning in which observations are moved towards the generalizations and then towards a paradigm. It is viewed as providing the evidence for the truth of the conclusion. So if we see a statement which says that Jeans are on sale at a nearby store, we would come to a conclusion that they are must be overstocked and they want to reduce their inventory so they put the existing stock on sale so that people buy them and they restock their shelves and reduce the inventory behind.

They are overstocked and need to reduce inventory.