Examlex
Index funds are an example of passively managed funds.
Abductive Reasoning
A form of logical reasoning that starts with an observation or set of observations then seeks to find the simplest and most likely explanation.
Deduction
The process of reasoning from general principles to specific cases, or the subtraction of expenses from income to determine taxable income.
Induction
The process of introducing a new employee to their job and the organization, involving training and information sessions.
Analogy
Examining and contrasting two objects, typically to explain or shed light on them.
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