Examlex
If P(A)= 0.5 and P(B |A)= 0.7,then there is a 0.35 probability that A and B occur at the same time.
Power Balancing
The act of distributing authority and influence among different stakeholders to ensure fairness and avoid domination by any single entity.
Neutral
An unbiased, impartial stance or a person not favoring any side in a conflict or dispute.
Perceived Bias
The belief that an individual, group, or process is unfairly prejudiced or displaying partiality, regardless of whether this is true.
Arbitrator's Acceptability
The degree to which the parties involved in a dispute accept the arbitrator's decision as fair and binding.
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