Induction Scale
Decision making in contexts of uncertainty relies on inductive reasoning. We use inductive reasoning skills when we draw inferences about what we think must probably be true based on analogies, case studies, prior experience, statistical analyses, simulations, hypotheticals, and familiar circumstances and patterns of behavior. As long as there is the possibility, however remote, that a highly probable conclusion might be mistaken, the reasoning is inductive. Although it does not yield certainty, inductive reasoning can provide a solid basis for confidence in our conclusions.
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