Understanding the structure of inductive arguments

Assignment Help Operation Management
Reference no: EM132200086

Inductive arguments take specific premises to make general conclusions. A strong inductive argument is most probably the case, and a weak inductive argument is most likely not the case. A causal inductive argument is very similar. It works like this: When X happens then Y happens. X probably causes Y.

Consider these two causal inductive arguments:

1. Every day of my life, the sun has risen in the morning. Tomorrow morning is another day; therefore the sun will probably rise.

2. Every time I flick this switch, the living room light goes on. Therefore this switch probably controls the living room light.

Discussion Questions:

1. Do these arguments seem obvious? Why or why not?

2. Understanding the structure of inductive arguments, how do you rate the strength or weakness of perceived causal relationships within arguments?

Reference no: EM132200086

Questions Cloud

Company to achieve an ebit : At what price must each widget be sold for the company to achieve an EBIT (Earnings before interest and taxes) of $95,000?
Best estimate of the company cost of equity : If the stock sells for $40 per share, what is your best estimate of the company's cost of equity?
Sell listing agreement with real estate broker : Homeowner Ann Jameson entered into a 90-day exclusive right to sell listing agreement with a real estate broker, Bill Boor.
Firm market value capital structure : What is the firm's market value capital structure? (Do not round intermediate calculations and round your answers to 4 decimal places, e.g., .1616.)
Understanding the structure of inductive arguments : Understanding the structure of inductive arguments, how do you rate the strength or weakness of perceived causal relationships within arguments?
How would you decide on which project to pursue : IRR for both projects A and B is in line with the firm's projection. How would you decide on which project to pursue?
Explain what happens with depreciation : When computing net income and incremental/supplemental cash flows, explain what happens with depreciation.
Some aspect of health information technology : Research two organization via the Internet that deals with some aspect of Health Information Technology (HIT), and download whatever you find helpful-accessible
Level of net investment : If the company expects to generate after-tax operating cash flows of 2,000,000 per year and its WACC is 10%, what level of net investment can they expend

Reviews

Write a Review

Operation Management Questions & Answers

  Book review - the goal

Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..

  Operational plan in hospitality enterprise

Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..

  Managing operations and information

Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..

  A make-or-buy analysis

An analysis of the holding costs, including the appropriate annual holding cost rate.

  Evolution and contributor of operations management

Briefly explain Evolution and contributor of Operations management.

  Functions and responsibilities of an operations manager

A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..

  Compute the optimal order quantity

Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.

  Relationship to operations practice in the organisation

Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.

  A make or buy analysis

Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.

  Prepare a staffing plan

Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.

  Leadership styles in different organizations

Ccompare the effectiveness of different leadership styles in different organizations

  Risk management tools and models

Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd