CAT Gyan 

What is a Deductive Argument?
A deductive argument is one in which it is impossible for the premises to be true but the conclusion false. Thus, the conclusion follows necessarily from the premises and inferences. In this way, it is supposed to be a definitive proof of the truth of the claim (conclusion). Here is a classic example:
All men are mortal. (premise)
Socrates was a man. (premise)
Socrates was mortal. (conclusion)
As you can see, if the premises are true (and they are), then it simply isn't possible for the conclusion to be false. If you have a deductive argument and you accept the truth of the premises, then you must also accept the truth of the conclusion; if you reject it, then you are rejecting logic itself.
What is an Inductive Argument?
An inductive argument is one in which the premises are supposed to support the conclusion in such a way that if the premises are true, it is improbable that the conclusion would be false. Thus, the conclusion follows probably from the premises and inferences. Here is an example:
Socrates was Greek. (premise)
Most Greeks eat fish. (premise)
Socrates ate fish. (conclusion)
In this example, even if both premises are true, it is still possible for the conclusion to be false (maybe Socrates was allergic to fish, for example). Words which tend to mark an argument as inductive - and hence probabilistic rather than necessary - include probably, likely, possibly and reasonably.
Deductive Arguments vs. Inductive Arguments
It may seem that inductive arguments are weaker than deductive arguments because there must always remain the possibility of their arriving at false conclusions, but that is not entirely true. With deductive arguments, our conclusions are already contained, even if implicitly, in our premises. This means that we don't arrive at new information - at best, we are shown information which was obscured or unrecognized previously. Thus, the sure truth-preserving nature of deductive arguments comes at a cost.
Inductive arguments, on the other hand, do provide us with new ideas and thus may expand our knowledge about the world in a way that is impossible for deductive arguments to achieve. Thus, while deductive arguments may be used most often with mathematics, most other fields of research make extensive use of inductive arguments.
A deductive argument is an argument in which it is thought that the premises provide a guarantee of the truth of the conclusion. In a deductive argument, the premises are intended to provide support for the conclusion that is so strong that, if the premises are true, it would be impossible for the conclusion to be false.
An inductive argument is an argument in which it is thought that the premises provide reasons supporting the probable truth of the conclusion. In an inductive argument, the premises are intended only to be so strong that, if they are true, then it is unlikely that the conclusion is false.
The difference between the two comes from the sort of relation the author or expositor of the argument takes there to be between the premises and the conclusion. If the author of the argument believes that the truth of the premises definitely establishes the truth of the conclusion due to definition, logical entailment or mathematical necessity, then the argument is deductive. If the author of the argument does not think that the truth of the premises definitely establishes the truth of the conclusion, but nonetheless believes that their truth provides good reason to believe the conclusion true, then the argument is inductive.
The noun “deduction” refers to the process of advancing a deductive argument, or going through a process of reasoning that can be reconstructed as a deductive argument. “Induction” refers to the process of advancing an inductive argument, or making use of reasoning that can be reconstructed as an inductive argument.
Because deductive arguments are those in which the truth of the conclusion is thought to be completely guaranteed and not just made probable by the truth of the premises, if the argument is a sound one, the truth of the conclusion is “contained within” the truth of the premises; i.e., the conclusion does not go beyond what the truth of the premises implicitly requires. For this reason, deductive arguments are usually limited to inferences that follow from definitions, mathematics and rules of formal logic. For example, the following are deductive arguments:
There are 32 books on the top-shelf of the bookcase, and 12 on the lower shelf of the bookcase. There are no books anywhere else in my bookcase. Therefore, there are 44 books in the bookcase.Bergen is either in Norway or Sweden. If Bergen is in Norway, then Bergen is in Scandinavia. If Bergen is in Sweden, the Bergen is in Scandinavia. Therefore, Bergen is in Scandinavia.
Inductive arguments, on the other hand, can appeal to any consideration that might be thought relevant to the probability of the truth of the conclusion. Inductive arguments, therefore, can take very wide ranging forms, including arguments dealing with statistical data, generalizations from past experience, appeals to signs, evidence or authority, and causal relationships.
Some dictionaries define “deduction” as reasoning from the general to specific and “induction” as reasoning from the specific to the general. While this usage is still sometimes found even in philosophical and mathematical contexts, for the most part, it is outdated. For example, according to the more modern definitions given above, the following argument, even though it reasons from the specific to general, is deductive, because the truth of the premises guarantees the truth of the conclusion:
The members of the Williams family are Susan, Nathan and Alexander.
Susan wears glasses.
Nathan wears glasses.
Alexander wears glasses.
Therefore, all members of the Williams family wear glasses.
Moreover, the following argument, even though it reasons from the general to specific, is inductive:
It has snowed in Massachusetts every December in recorded history.
Therefore, it will snow in Massachusetts this coming December.
It is worth noting, therefore, that the proof technique used in mathematics called “mathematical induction”, is, according to the contemporary definition given above, actually a form of deduction. Proofs that make use of mathematical induction typically take the following form:
Property P is true of the number 0.
For all natural numbers n, if P holds of n then P also holds of n + 1.
Therefore, P is true of all natural numbers.
When such a proof is given by a mathematician, it is thought that if the premises are true, then the conclusion follows necessarily. Therefore, such an argument is deductive by contemporary standards.
Because the difference between inductive and deductive arguments involves the strength of evidence which the author believes the premises to provide for the conclusion, inductive and deductive arguments differ with regard to the standards of evaluation that are applicable to them. The difference does not have to do with the content or subject matter of the argument. Indeed, the same utterance may be used to present either a deductive or an inductive argument, depening on the intentions of the person advancing it. Consider as an example.
Dom Perignon is a champagne, so it must be made in France.
It might be clear from context that the speaker believes that having been made in the Champagne area of France is part of the defining feature of “champagne” proper and that therefore, the conclusion follows from the premise by definition. If it is the intention of the speaker that the evidence is of this sort, then the argument is deductive. However, it may be that no such thought is in the speaker's mind. He or she may merely believe that most champagne is made in France, and may be reasoning probabilistically. If this is his or her intention, then the argument is inductive.
It is also worth noting that, at its core, the distinction has to do with the strength of the justification that the author or expositor of the argument intends that the premises provide for the conclusion. If the argument is logically fallacious, it may be that the premises actually do not provide justification of that strength, or even any justification at all. Consider, the following argument:
All odd numbers are integers.
All even numbers are integers.
Therefore, all odd numbers are even numbers.
This argument is logically invalid. In actuality, the premises provide no support whatever for the conclusion. However, if this argument were ever seriously advanced, we must assume that the author would believe that the truth of the premises guarantees the truth of the conclusion. Therefore, this argument is still deductive. A bad deductive argument is not an inductive argument.
Predictive arguments make a case for anticipating events based on the characteristics of a category. Once you have identified an animal as a squirrel then you can anticipate what it will do based on the general knowledge of the classification, "squirrel." The conclusion: 'If you keep feeding the squirrel it will do damage to your home' requires an argument of the form:
Example 1: Squirrels are small furry animals that live in and about your property and can nest in your home by feeding it food and can do damage to the wiring in the walls of your home.
Example 2: There is a squirrel in the wall of the house.
Therefore : That squirrel that is in the wall will damage the wiring.