Examlex
Which of the following describes Sherlock Holmes' procedure of developing a number of possible solutions,then eliminating them one by one?
Post Hoc Fallacy
A logical error where one assumes that since event A happened before event B, A must have caused B.
Correlation Problem
Issues arising from attempts to interpret or infer causality from purely correlational data without establishing a clear causal relationship.
Causation
The relationship between cause and effect, where one event (the cause) directly results in another event (the effect).
Economic Activity
Any action that involves the production, distribution, and consumption of goods and services within an economy.
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