In Preparing a Grant, You Meet with a Biostatistician to Discuss

question 2

Essay

In preparing a grant, you meet with a biostatistician to discuss sample sizes. The biostatistician tells you that if you want more power, you will have to increase your sample size. Explain why this is the case. Provide additional alternatives for increasing the power of the study without changing the sample size.

Identify transactions that increase cash and those that decrease cash.

Analyze and calculate cash flows related to investing activities, including the sale of assets.

Determine the presentation order of activities on the Statement of Cash Flows.

Understand the reporting of cash dividends and their classification in the Statement of Cash Flows.

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Definitions:

Information

Data that has been processed, organized, or structured in a way that it provides value or meaning.

Categorical Variable

A type of variable that can take on one of a limited, and usually fixed, number of possible values, assigning each individual or other unit of observation to a particular group or nominal category on the basis of some qualitative property.

Marital Status

Marital status is a legally defined marital state that individuals fall under, such as single, married, divorced, or widowed, often used in demographic studies.

Married

A legal and social status that signifies the union of two individuals, typically recognized by law, where they assume certain rights and duties.