In Which of the Following Dispute Resolution Alternatives Does the Neutral

question 132

Multiple Choice

In which of the following dispute resolution alternatives does the neutral third party dictate a settlement between the two sides,which have agreed to submit to outside judgment?

• A) Voluntary arbitration
• B) Strike
• C) Lockout
• D) Boycott
• E) Mediation

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Definitions:

Standard Deviation

A measure of the amount of variation or dispersion in a set of values, indicating how spread out the values are from the mean.

Variance

A measure of the spread between numbers in a dataset, expressing how much the numbers differ from the average value.

Significance Level

The probability of rejecting the null hypothesis in a statistical test when it is true, used as a threshold to gauge the strength of the evidence against the null hypothesis.

Standard Deviation

Measures the amount of variance or dispersion of a set of values; a low standard deviation indicates that the values are close to the mean.