Arguments by Analogy Are a "Relatively Weak Mode of Argument

question 37

Multiple Choice

Arguments by analogy are a "relatively weak mode of argument" because:

• A)they rely on a generalization from a single example
• B)they almost always produce false conclusions
• C)it is never completely clear what the conclusion is intended to be
• D)they rely on two things being similar, but no two things are ever like each other in any way
• E)the similarity between A and B is never truly related to the predicate of the conclusion

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Definitions:

Periodic Interest Rate

The interest rate applied to a loan or investment for a specific period, shorter than a year, such as monthly or quarterly.

Annuity

An annuity is a financial offering that ensures a regular payout to an individual, chiefly employed as a means of financial support for retired persons.

Compounded Quarterly

Interest calculated and added to the principal every quarter (three months), which then accrues additional interest in subsequent quarters.

Economic Advantage

The benefit gained by making a decision that results in the optimal utilization of resources, leading to a better outcome compared to other alternative decisions.