Take the following as truth: Hong Kong's gamblers are so eager to play the horses that, despite the opening of a bigger and better racetrack at Sha Tin, the Happy Valley Racecourse is thriving.
Then the following statement: "Profits at the Happy Valley Racecourse have not been affected by the opening of the racetrack at Sha Tin, and in fact have grown since." is true, false, or inconclusive?
Answer: Inconclusive