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The basis of modern science is observation and hypothesis. It involves constructing the best theory to explain an occurrence based on the evidence at the time.
The basis of modern science is observation and hypothesis. It involves constructing the best theory to explain an occurrence based on the evidence at the time.
Economist [[Milton Friedman]] said, "In all of science, progress comes through people proposing hypotheses which are subject to test and rejected and replaced by better hypotheses." [http://www.pbs.org/wgbh/commandingheights/shared/minitext/int_miltonfriedman.html#10]
Economist [[Milton Friedman]] said, "In all of science, progress comes through people proposing hypotheses which are subject to test and rejected and replaced by better hypotheses." [https://www.pbs.org/wgbh/commandingheights/shared/minitext/int_miltonfriedman.html#10]
The [[scientific method]] consists of two stages, theory formation and theory testing. In the early 20th Century the scientific method was commonly understood to follow the [[inductive reasoning|inductive]] procedure, whereby general statements are derived from a collection of singular observations. It was thought that through this method theories were constructed; a collection of observations led to the formation of a general theory to explain them. Secondly, at the testing stage, it was considered that a hypothesis could be verified through a collection of singular observations.
The [[scientific method]] consists of two stages, theory formation and theory testing. In the early 20th Century the scientific method was commonly understood to follow the [[inductive reasoning|inductive]] procedure, whereby general statements are derived from a collection of singular observations. It was thought that through this method theories were constructed; a collection of observations led to the formation of a general theory to explain them. Secondly, at the testing stage, it was considered that a hypothesis could be verified through a collection of singular observations.