Basing Nursing Practice on Evidence Article Example | Topics and Well Written Essays - 500 words

Basing Nursing Practice on Evidence - Article Example As a result, the patient presents his or her individual encounters, preferences, and special concerns, is the role of the clinician to cater to the patient’s anticipations and values. Evidence alone does not settle on the caregiving decisions yet it supports the overall caregiving process. Difference between EBP and research is their differing purposes. EBP assesses proof alongside a range to pinpoint the strongest and paramount proof to guide caregiving practices within an organizational environment and with a particular patient demographic (Agency for Healthcare and Research Quality, 2013). On the other hand, research produces new knowledge inside the wider scientific world to generate information that is simplified past the research sample. Research largely has strict controls over extraneous variables to offer confidence that its findings came about because of clear interventions and not coincidence. EBP interventions have less tight controls and more flexible procedures than research. As a result, information gathered through EBP interventions might not be fast cycle and entail differing resources. Lastly, research employs a methodology, either quantitative or qualitative, to generate new knowledge. In contrast, EBP such as for and applies the finest medical proo f frequently acquired from research and dedicated to creating sound caregiving decisions (Kernan et al., 2014). Nurses do not use evidence-based findings because of their lack of knowledge, low access to data, and insufficient organizational support among their priorities. Recent findings show that nurses that are more knowledgeable are inclined to be bolder in using evidence-based findings in their practices (Fitzsimons & Cooper, 2012). At the same time, the same findings showed that nurses employed in caregiving organizations for longer periods were less

Quantitative Methods for Finance Essay Example | Topics and Well Written Essays - 1000 words

Quantitative Methods for Finance - Essay Example So, when we express financial data as real or as current price variables, it is essentially a distinction between whether we are providing the ‘real’ or the ‘nominal’ value of the variable. The fundamental difference is that while ‘nominal’ values are not adjusted for inflation and therefore may reflect changes in values just because of fluctuations in the price level, the ‘real’ values will only change if there are changes that cause the underlying variable to change. Price level changes do not affect ‘real’ financial data. (b) The CPI Vs the RPI in the UK as alternative measures of inflation The Consumer Price Index (CPI) or Harmonised Indices of Consumer prices (HICP) as they were previously known until 2003 in the UK are computed for EU member state to facilitate international comparability of inflation. The statistical wing of the European Commission known as Eurostat has been publishing monthly HICP values for all member states since the 1st quarter of 1997. Inter-economy inflation comparisons are provided in these reports. Prior to the development of the HICP comparing rates of inflation across members of the European Union was not feasible due to differences in the mechanisms of each members in their computations of CPIs. Apart from differences in methodology, the included basket of goods was also disparate across the countries. So, for the UK, the CPI measures changes in the general price level reflected in the changing costs to purchase the same basket of goods and services typically consumed by UK households. In the UK, the RPI (retail price index) is also computed and it is also a measure of changes in the price level. The CPI and the RPI cover a similar basket of goods although there are important differences. A number of commodities included in the RPI goods are excluded from the CPI. For instance the CPI does not include council tax, fees of estate agents, repayments on mortgages, e ducation and healthcare related expenses and building insurance. Certain other aspects which are rather technically difficult to integrate into an international index due to international differences are also excluded from the CPI but included in the RPI. For instance, in aspects of the economy such as education and health, a number of commodities are substantially subsidised and the extent of subsidization is different considerably for the different members of the EU. Consequentially, including these in an internationally comparable CPI is not possible. The RPI however includes these under its wing. There are certain expenditures on the other hand that are included in the CPI but not accounted for in the RPI. For instance, air fares or personal computer expenses are accounted for in the CPI but not in the RPI. Specifically, the eurostat sets one part of the total expenses of thousand consumers as the threshold for inclusion in the CPI. Any commodity that accounts for higher expense s compared to the threshold is included in the CPI. All private households are included in the CPI but the RPI excludes the top 4 percent of the income distribution. Additionally, households that derive equal to or more than 75 percent from state benefits are also excluded from the RPI. Typically, since the CPI does not include majority of the housing related expenses included in the RPI, the RPI tends to typically have a higher value than the CPI. However, both measures