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Arbitrators can make decisions that are binding for both the union and management.
Standard Deviation
A statistical measure that quantifies the amount of variation or dispersion in a set of data values.
Sample Size
The number of individuals or observations included in a study, important for the reliability and validity of statistical analyses.
Population Average
A statistical measure that reflects the average characteristic of a particular population.
Representative Sample
A subset of a population that accurately reflects the members of the entire population, used in statistical analysis.
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