Is when you are collecting data first and by analyzing data you are trying to make generalizable statements or theories that help understand phenomenon around you (true)

Is when you start with one or more generalized and accepted theories and you apply it to different situation.

Inductive reasoning is not theory-less. It just means that your starting point is an observation, and you confront this observation with existing knowledge and theory to develop an insight about how the world functions.

Helps you to learn when you don’t know which theories or frameworks explain a particular phenomenon or observation