You are to create an outline and a paper on due diligence.
Prepare an outline and an APA paper with 1000-1250 words. You should include facts learned from

chapter 8
in the text.
What is due diligence?
Prior to a company diversifying, they must do due diligence.
What are the methods of evaluating which strategy is the best for that company?
Book for this class is Thompson, Crafting & Executing Strategy: The quest for competitive Advantage:
Concepts and Cases

Sample Solution

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1 – Review the three “Non-parametric” test videos in the Calculations section of the “Statistics Visual

Learner” media piece.
http://lc.gcumedia.com/hlt362v/the-visual-learner/the-visual-learner-v2.1.html
A researcher is examining preferences among four new flavors of ice cream. A sample of n = 80 people is

obtained. Each person tastes all four flavors and then picks a favorite. The distribution of preferences is

as follows. Do these data indicate any significance preferences among the four flavors? Test at the .05

level of significance.

Ice Cream Flavor

A

B

C

D

12

18

28

22

2 – Is it true that parametric tests are generally more powerful than nonparametric tests? If so, give two

reasons why you might choose to use a nonparametric test instead of a parametric test.

3 – Parametric vs Nonparametric
Discuss the difference between parametric test and non-parametric test. When do we use a non-

parametric test?

Sample Solution

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