Question

In: Economics

Define the scientific method 200+ words

Define the scientific method
200+ words

Solutions

Expert Solution

The scientific method is an empirical method of acquiring knowledge that has characterized the development of science since at least the 17th century. It involves careful observation, applying rigorous skepticism about what is observed, given that cognitive assumptions can distort how one interprets the observation. It involves formulating hypotheses, via induction, based on such observations; experimental and measurement-based testing of deductions drawn from the hypotheses; and refinement (or elimination) of the hypotheses based on the experimental findings. These are principles of the scientific method, as distinguished from a definitive series of steps applicable to all scientific enterprises.

It involves Problem solving: Step-by-step approach consisting of

(1) identifying and defining a problem

(2) accumulating relevant data

(3) formulating a tentative hypothesis

(4) conducting experiments to test the hypothesis

(5) interpreting the results objectively

(6) repeating the steps until an acceptable solution is found.

The goal of scientific method is to gather data that will validate or invalidate a cause and effect relationship. Scientific method is often carried out in a linear manner, but the approach can also be cyclical, because once a conclusion has been reached, it often raises more questions. One of the most common mistakes when using the scientific method is allowing there to be bias toward the hypothesis. Forming a hypothesis is an important step, but the goal of the scientific method is not necessarily to prove the hypothesis correct; the purpose is to learn from the experiment. This means that the person asking the question should be careful not to discount data that goes against the hypothesis.


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