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Question: As a nurse engaged in evidence-based practice, it is important to recognize how statistics and other data analysis tools are used to generate and assess evidence. Most nurses need only a foundational understanding of statistical tools and terminology to understand the majority of research studies. As a nurse, you should be able to recognize the most commonly used statistical tests, how and when they are used, and how significance is determined.
In this Discussion, you examine different types of statistics and statistical tests, when and why these particular tests would be selected for use, and, most importantly, what the results indicate. To this end, you will be assigned to a group by Day 1 of this week. Each group will be assigned one of the five chapters listed in this week's Learning Resources and will develop a study sheet on their chapter that will be shared with the other groups.
• Review the information in your assigned chapter.
To prepare: Identify Examples of How the Statistical Methods have been used in Research Studies.
Discuss WHY it is important for nurses to understand the Basics of these Statistical Methods.
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In this study, we examine how gasoline price volatility and income of the consumers impacts consumer's demand for gasoline.
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