What does analogical reasoning mean?

analogical reasoning meaning in Law Dictionary

The way to decide from problem to issue predicated on private knowledge about comparable situations. It really is a standard option to reason through issues.

analogical reasoning meaning in Business Dictionary

means of reasoning from specific to specific, it derives a conclusion from one's experience in a number of similar circumstances. The most basic and a lot of typical approach to reasoning, it is also many fraught with chances of making an error. With deductive thinking and inductive thinking, it constitutes the three standard tools of thinking.