In a company release, Vanguard chairman Bill McNabb noted: âAs the first major emerging markets fund to add exposure to China A-shares, the fund will benefit investors with more diversification, deeper emerging markets exposure, and greater access to the growth potential of Chinese equities.â
Inference is the act or process of deriving logical conclusions from premises known or assumed to be true. The conclusion drawn is also called an idiomatic. The laws of valid inference are studied in the field of logic.
An observation is what you see. An inference is the conclusion you  draw from what you saw.   A common analogy;   You may be doing a chemistry experiment and when youâ¦ put two  substances together, the mixture bubbles and brown gas comes off.  You know that brown gas indicates nitrogen dioxide gas. The observation would be Mixture bubbles and brown gas is given off. The inference would be A gas is produced, nitrogen dioxide. Observations are things you use your five senses to determine - how something smells, looks, tastes, sounds, or feels.