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After a Hearing Is Conducted by an Arbitrator or Arbitrators,the

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After a hearing is conducted by an arbitrator or arbitrators,the submission to arbitration occurs.


Definitions:

Confidence Interval

A range of values, derived from sample data, that is likely to contain the value of an unknown population parameter.

Population

In statistics, the entire set of individuals or items from which samples can be drawn for analysis.

Confidence Interval

An estimated range of values calculated from a given set of sample data, reflecting where the true population parameter is expected to lie with a certain level of confidence.

Normal Distribution

A bell-shaped curve that represents the distribution of many types of data where most observations cluster around the mean.

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