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1. What is the inductive "fallacy of hasty generalization"?

The acceptance of a lowered error margin

A rush to judgment

A conclusion based on the earliest results of a sample

Letting one's own biases impact interpretation of results

Overestimating the strength of an argument based on a small sample

2. What does "attacking the analogy" mean?

The acceptance of a lowered degree of similarity between analogues

Showing that analogues are not as similar as stated or implied

A conclusion based on the earliest results of a sample

Showing the interpretation of results

Overestimating the strength of an analogy

3. What is the difference between an explanation and an argument?

Arguments are specific; explanations are general.

Arguments support or demonstrate statements; explanations elucidate something in one way or another.

Arguments describe what does happen; explanations describe what will happen.

Arguments show the interpretation of results; explanations show the reasons for the results.

Arguments make claims; explanations make premises.

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M91696789

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