The phrase "wrong conclusion" means that someone has come up with an idea or belief that is not correct or accurate based on the information or evidence available. Full definition
The overwhelming consensus is that e-readers aren't there yet, but this rather obvious observation seems to be leading people to two completely wrong conclusions. (ditchwalk.com)
That graph shows the same data, with the same fundamentally wrong conclusions. (medium.com)
Some hiring manager will do wrong conclusions, they will think that you are not stable job seekers and all the time you are in an active job search. (resume2018.net)