Statistics is the science of collecting and analyzing numerical data gathered from a representative sample in order to infer the true mean or proportion of a population. The x-bar_ is the symbol (or expression) used for the sample mean statistics.
Base salary is a fixed amount of money paid to an employee by an employer in return for work performed. Base salary does not include benefits, bonuses or any other potential compensation from an employer.
The salary consists of following parts. #Basic Salary: As the name suggests, this forms the very basis of salary. This is the core of salary, and many other components may be calculated based on this amount. It usually depends on one s grade within the company s salary structure.It is a fixed part of one s compensation structure.any Of Us having confusion regarding Salary, Net Salary, Gross, Cost to Company they are same or different. I Hope this may help you in clearing you doubts. I shall try to cover what makes the salary? What is the difference between Salary, Net Salary, Gross Salary, Cost to Company.