Identifying Flaws in Arguments

Very Easy Critical Reasoning Identifying Flaws

During the recent city council meeting, a member claimed that the new community park has significantly increased local property values. In support of this claim, he noted that since the park's opening, many homes in the area have been sold at prices above the original listing prices. However, he failed to consider several crucial factors, such as market trends and the condition of the homes sold.

What is the flaw in the city council member's argument?

The member assumes that a correlation between park opening and property values indicates causation.

The member provides data that cannot be verified.

The member ignores the fact that property values fluctuate independently of external factors.

The member's argument lacks statistical significance.

Hint

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