Webster's English Dictionary

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inference

in.fer.ence \'in-f(*-)r*n(t)s, -f*rn(t)s\ n 1: the act or process of 
   inferring; specif : the act of passing fro m one proposition, statement, or 
   judgment considered as true to another whose truth is believed to follow 
   from that of the former 2: something that is inferred; esp : a proposition 
   arrived at by in ference 3: the premises and conclusion of a process of 
   inferring