Statistics Support Intuition

This book is a result of testing a hypothesis that arose out of intuitive thinking about what made some foreign firms succeed in countries like India and let others fail. The framework of research was designed accordingly to test the intuition. The discussion in the book, so far, has been based on a large quantity of qualitative data in the context of India during the twentieth century. This chapter, however, shows the various statistical tests that were conducted to triangulate and confirm the explanations provided in the previous chapters, but especially in the last three chapters. The statistical test results confirm the proposition that complementary investments were crucial to the success of foreign firms in India. It also confirms that this strategy has worked across companies from all the three industries operating in different periods of the twentieth century.