Economics JAMB

When a generalization is made based on observed facts; it is known as?

A. deductive reasoning
B. inductive reasoning
C. theoretical reasoning
D. normative reasoning

Correct Answer:

Option B – inductive reasoning

Explanation

Inductive reasoning is a process by which a person makes a generalization based on specific, individual experiences. The process begins with observation. A person collects data through the five senses, then analyzes the gathered information to draw a general conclusion that may be applied to other situations. It is the most basic form of reasoning in existence.

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