Take the following as truth: The street acquired its name in the 19th century, when it was laid out for the vehicles of the city's Western residents; a more recent redesign evokes that era with red brick sidewalks and imitation gas lamps but the boutiques along the street are up-to-the-minute.
Then the following statement: "The street was named by the residents." is true, false, or inconclusive?
Answer: Inconclusive