Facts are known knowledge versus a theory is a statement based on facts which may not be completely true
A colloquial theory is an evolved form of a hypothesis that links facts together. The difference between this and a scientific theory, however, is that a colloquial theory still implies some doubt and speculation.
explain in details the relationships between economics facts, theory and policy.
A statistic is a number or a fraction or any form of numerical data. A fact is an accepted theory or idea that can be proven.
A theory is a well-supported explanation for phenomena based on observation, experimentation, and analysis. Data refers to the facts, figures, or information collected from experiments, surveys, or observations, which are used to support or refute a theory. In summary, a theory is an overarching explanation, while data are the specific observations that inform and test that theory.
The difference between a hypothesis and a conjecture is that a hypothesis is something investigated or accepted as highly probable in the light established facts and a conjecture is the formation or expression of an opinion or theory without sufficient evidence for proof.
An inference is the process where new facts are derived from known facts Fact is a known truth Theory is a something that someone has predicted. BTW, are you in Lisgar Collegiate Institute?
Isn't a theory based on facts and what is proven so far and speculation being what could happen if..
Facts is something that you tell. Fancy is a thing that is so expensive and shiny.
"Facts on the ground"-Clinton
IMO, A fact is something which can be prooved and backed up with evidence. A theory is basically a concept that cannot be prooved or has not yet been verified. A fact is something which is inherently true. For example, 2 + 2 = 4 is a fact of base 10 mathematics. A theory, scientifically, is a well-tested explanation of phenomena based on facts.
it depends on your religious beliefs
A positive theory seeks to understand how something is or how it operates, without making value judgments or prescribing how it should be. It aims to describe and explain phenomena based on empirical evidence and facts, rather than opinions or beliefs.