A method of analysis that draws conclusions from data rat...
A method of analysis that draws conclusions from data rather than general Principles already known is_______
Deductive reasoning
Inductive reasoning
Normative reasoning
Positive reasoning
Correct answer is A
The deductive reasoning method involves following one or more factual statements that have been established to arrive at a conclusion. Deductive reasoning aims at testing an existing theory.
From the question above, there are existing data from which logical conclusions will be drawn and this makes it deductive reasoning.
While inductive reasoning aims at developing a theory, deductive reasoning aims at testing an existing theory.
To finance a deficit balance of payment, a country may decide to ...
A major achievement of the Organization of Petroleum Exporting Countries (OPEC) is that ...
To improve the balance of payment s position in West African countries, there must be ...
Balance of payments of a country explains the overall position of? ...
Division of labour has many advantages, notwithstanding, it is greatly limited by ...
Production covers all but one of the following activities: ...
Economic development is distinguishable from economic growth because the former ...
Remuneration of labour based on number of hours worked is known as ...