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In which method conclusions are drawn on the basis of collecting analysis and draw a conclusion ?? a)deductive method b)inductive method?
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In which method conclusions are drawn on the basis of collecting analy...
Inductive Method

The inductive method is a research approach that involves collecting and analyzing data from observations, experiments, surveys, or other forms of empirical evidence to draw conclusions. This method is used to develop generalizations or theories from specific observations.

Process of Inductive Method

The inductive method involves the following steps:

1. Observation: Collect data from observations, experiments, surveys, or other forms of empirical evidence.
2. Analysis: Analyze the data to identify patterns, themes, or relationships.
3. Generalization: Develop generalizations or theories based on the patterns, themes, or relationships identified in the data.
4. Conclusion: Draw a conclusion based on the generalizations or theories developed.

Examples of Inductive Method

1. A researcher observes that students who eat breakfast tend to perform better in school. The researcher collects data from surveys and experiments to analyze the relationship between breakfast and academic performance. Based on the findings, the researcher develops a theory that eating breakfast improves academic performance.
2. A company observes that its sales increase during the holiday season. The company collects data from sales reports and customer surveys to analyze the factors that contribute to the increase in sales. Based on the findings, the company develops a generalization that the holiday season is a peak sales period.

Advantages of Inductive Method

1. It allows for the discovery of new knowledge.
2. It is flexible and adaptable to different research settings.
3. It can provide rich and detailed data.

Disadvantages of Inductive Method

1. It can be time-consuming and resource-intensive.
2. It may lack the rigor of deductive methods.
3. It may be prone to bias and subjectivity.
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In which method conclusions are drawn on the basis of collecting analy...
Inductive method
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In which method conclusions are drawn on the basis of collecting analysis and draw a conclusion ?? a)deductive method b)inductive method?
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In which method conclusions are drawn on the basis of collecting analysis and draw a conclusion ?? a)deductive method b)inductive method? for CA Foundation 2025 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about In which method conclusions are drawn on the basis of collecting analysis and draw a conclusion ?? a)deductive method b)inductive method? covers all topics & solutions for CA Foundation 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for In which method conclusions are drawn on the basis of collecting analysis and draw a conclusion ?? a)deductive method b)inductive method?.
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