BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -Inductive reasoning is a method of drawing conclusions by going from the specific to the general. It’s usually contrasted with deductive reasoning, where you proceed from general information to specific conclusions. Inductive reasoning is also called inductive logic or bottom-up reasoning.

Detailed explanation-2: -Inductive reasoning involves starting from specific premises and forming a general conclusion, while deductive reasoning involves using general premises to form a specific conclusion. Conclusions reached via deductive reasoning cannot be incorrect if the premises are true.

Detailed explanation-3: -Inductive reasoning begins with observations that are specific and limited in scope, and proceeds to a generalized conclusion that is likely, but not certain, in light of accumulated evidence.

Detailed explanation-4: -Inductive generalization: You use observations about a sample to come to a conclusion about the population it came from. Statistical generalization: You use specific numbers about samples to make statements about populations.