This presentation outlines the interpretation of arterial blood gases (ABGs) focusing on key physiological equations and processes involved in gas exchange and acid-base balance. It emphasizes the calculation of parameters such as paCO2, paO2, and the alveolar-arterial gradient, highlighting common clinical scenarios and the implications of hypercapnia. The document also explores the impact of ventilation-perfusion imbalance on oxygenation and offers assessment methods for evaluating arterial blood gas data.