There are two criteria to consider when evaluating an argument:
There are formal methods to evaluate the first criterion. The possible worlds method is the most general method.
Identifying whether or not the rules for common deductive argument forms
(syllogisms, etc.) are followed would be another
method of deciding if the premises lead to the conclusion.
Many logical fallicies exist
and most beginning students find it helpful to stick to one deductive argument
form, like conditional syllogisms, in order to be certain that the premises
always lead to the conclusion.
The second criterion is often more difficult to determine since it requires some sort of outside verification. Often the verification will be done by making observations under controlled circumstances (performing experiments) or drawing upon the experience of all human kind (using well-established theories).
Some terminology.