Define Both Deductive and Inductive Reasoning and Explain How They

question 10

Essay

Define both deductive and inductive reasoning and explain how they are different.What does it mean to say that the conclusion to a syllogism is "valid"?

---

Definitions:

Seasonal Fluctuations

Variations in a time series that occur at regular intervals due to seasonal events like holidays or seasons of the year.

Seasonal Indexes

Factors used in time series analysis to adjust for regular seasonal variations in data.

Regression Technique

A statistical method used to model the relationship between a dependent (target) variable and one or more independent variables.

Linear Trend Line

A straight line that best fits the data points in a scatter plot, showing a linear relationship between variables.