If the increase in the price of yams is used to estimate the inflation rate, this is an example of
deductive reasoning
inductive reasoning
normative reasoning
positive reasoning
Explanation
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Discussions (4)

I disagree with dat cos
Deductive reasoning is a logical process in which conclusion is based on concordance of multiple premises that are generally assumed to be true
I.e where Deductive reasoning proceeds from
general premises to a specific conclusion, its counterpart Inductive reasons proceeds from a Specific premises to a general conclusion
. Price of yam there is a Specific which is used for a general conclusion so it is Inductive reasoning. I stand to b corrected.
B- Inductive reasoning

Inductive reasoning is a method of reasoning in which the premises are viewed as supplying some evidence for the truth of the conclusion; this is in contrast to deductive reasoning. While the conclusion of a deductive argument is certain, the truth of the conclusion of an inductive argument may be probable, based upon the evidence given.


