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In a test of independence, it is safe to conclude that the events are independent when the value of is very small.
Collective Agreement
A written contract between an employer and a union representing the employees, outlining terms of employment, salaries, and working conditions.
Notice to Bargain
A formal notification by one party to another indicating the intention to discuss and negotiate terms, typically in employment or union contexts.
Worker's Compensation
Insurance that provides wage replacement and medical benefits to employees injured in the course of their employment.
Insurance Scheme
A designed plan by an insurance company offering coverage to protect against possible eventuality.
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