Consider the following example: "Retail sales increases in the 2005 holiday season were below projections.Sales were disappointing because consumers were not confident about economic growth." This is an example of a(n)_____.
A) inductive argument
B) deductive argument
C) empirical argument
D) fact
E) premise

Question

Quizplus · Accepted Answer

This is an example of an inductive argument because it makes a generalization based on specific observations. The observation is that retail sales increases were below projections, and from this, it generalizes that the cause was a lack of consumer confidence about economic growth. Inductive arguments move from specific instances to broader generalizations.

Consider the Following Example: "Retail Sales Increases in the 2005