Inductive Inference:

Peter Grunwald:

"According to Rissanen, the goal of inductive inference should be to “squeeze out as much regularity as possible” from the given data. The main task is to distill the meaningful information present in the data, i.e. to separate structure (interpreted as the regularity, the “meaningful information”) from noise (interpreted as the “accidental information”)."

>to separate structure (interpreted as the regularity, the “meaningful information”) from noise (interpreted as the “accidental information”)<