Using Exhibits 1.5 and 1.6 as a guide, draw up graphs to illustrate the inductions and deductions

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Using Exhibits 1.5 and 1.6 as a guide, draw up graphs to illustrate the inductions and deductions in the following statements. (If there are gaps, supply what is needed to make them complete arguments.)

a Repeated studies indicate that economic conditions vary with – and lag 6–12 months behind – the changes in the national money supply;

therefore, we may conclude that money supply is the basic economic variable.

b Research studies show that heavy smokers have a higher rate of lung cancer than do non-smokers; therefore, heavy smoking causes lung cancer.

c Show me a person who goes to church regularly, and I will show you a reliable worker.

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