BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -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. You could say that inductive reasoning moves from the specific to the general.

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: -In deductive reasoning, you’ll often make an argument for a certain idea. You make an inference, or come to a conclusion, by applying different premises. A premise is a generally accepted idea, fact, or rule, and it’s a statement that lays the groundwork for a theory or general idea.

Detailed explanation-4: -For example, if you review the population information of a city for the past 15 years, you may observe a consistent rate of population increase. If you want to predict what the population might be in five years, you can use the evidence or information you have to make an estimate. This is inductive reasoning.

Detailed explanation-5: -Inductive Reasoning: Most of our snowstorms come from the north. It’s starting to snow. This snowstorm must be coming from the north. Deductive Reasoning: All of our snowstorms come from the north.