The Arbitrator Must Follow the Contract Language If It Is

question 22

True/False

The arbitrator must follow the contract language if it is clear as to intent.

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Definitions:

Z Score

A raw score that is adjusted for the mean and standard deviation of the distribution from which the raw score comes.

Population Average

The sum of all values in a population divided by the number of values in that population, also known as the mean.

Standard Error

The standard deviation of the sampling distribution of a statistic, often used to estimate the accuracy of a sample mean.

Population Standard Deviation

A measure of the dispersion or variability within a full population, indicating how much individual points differ from the population mean.