We elaborate on a recently suggested effective Lagrangian for charged-
current and neutral-current electroweak interactions which in comparis
on with the standard electroweak theory contains three free parameters
Delta x, Delta y, epsilon which quantify different sources for violat
ions of SU(2) symmetry. Within the standard SU(2)(I) x U(1)(Y) electro
weak theory, we present both exact and very much refined approximate a
nalytical one-loop expressions for these parameters in terms of the ca
nonical input, G mu, M(Z), alpha(M(Z)(2)), the top-quark mass, m(t), a
nd the Higgs-boson mass, M(H). We re-emphasize the importance of discr
iminating between the empirically well-known purely fermionic (vacuum
polarization) contributions to Delta x, Delta y, epsilon and the empir
ically unknown bosonic ones with respect to present and future electro
weak precision tests. The parameters Delta x and epsilon are hardly af
fected by standard bosonic corrections, while the full one-loop result
s for Delta y differ appreciably from the ones obtained by taking into
account fermion loops only. A detailed comparison with the experiment
al data on M(W)+/-/M(Z), S-W(-2), Gamma e shows that these data start
to become accurate enough to be sensitive to standard (bosonic) contri
butions to Delta y beyond fermion loops.