Question 1
Facts: Sales decreased 20% last quarter. Customer satisfaction scores dropped 15%. Competitor launched similar product at 30% lower price. Marketing budget was cut by 40%.
Which explanation is MOST plausible given these facts?
The most plausible explanation is: 'The competitor's lower-priced product captured market share' because Directly explains sales decrease; price competition affects both sales and satisfaction. Abductive reasoning seeks the inference that best explains all observed facts with fewest assumptions.