Analyze the Argument Passage Below, Addressing the Following as Appropriate

question 52

Essay

Analyze the argument passage below, addressing the following as appropriate: specify the issues addressed; identify premises and conclusions; classify as inductive or deductive; supply missing premises; separate arguments from window dressing; identify claims better left unstated.
Sal is probably going to be late, since the traffic is so bad. And he said he had an errand to run on his way over here.

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Definitions:

Capital Allocation Line

A line representing the risk-return trade-off of different portfolios, showing the highest expected return for a given level of risk.

Standard Deviation

A measure of the dispersion or variation in a set of values, indicating how much the values differ from the mean of the set.

Complete Portfolio

A portfolio that includes both risky assets and a risk-free asset, optimizing the balance between risk and return.