section 3.4 homework\nscore: 4/9 answered: 4/9\nquestion 5\nidentify the following as either an example of…

section 3.4 homework\nscore: 4/9 answered: 4/9\nquestion 5\nidentify the following as either an example of inductive or deductive reasoning.\n5. louis has noticed that the stock market has gone up on the friday before each of the last three holidays. he plans to buy stock on the friday before labor day to cash in on this trend.\ndeductive reasoning. an established principle or calculation was used or clues were analyzed to make a conclusion.\ninductive reasoning. a pattern was observed and the conclusion is based on what was observed.\nquestion help: message instructor post to forum

section 3.4 homework\nscore: 4/9 answered: 4/9\nquestion 5\nidentify the following as either an example of inductive or deductive reasoning.\n5. louis has noticed that the stock market has gone up on the friday before each of the last three holidays. he plans to buy stock on the friday before labor day to cash in on this trend.\ndeductive reasoning. an established principle or calculation was used or clues were analyzed to make a conclusion.\ninductive reasoning. a pattern was observed and the conclusion is based on what was observed.\nquestion help: message instructor post to forum

Answer

Brief Explanations:

Louis observed a pattern in the stock - market behavior (going up on the Friday before the last three holidays) and is basing his decision to buy stock on this observed pattern. Inductive reasoning involves making generalizations or predictions based on specific observations.

Answer:

Inductive reasoning. A pattern was observed and the conclusion is based on what was observed.