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.
1. Basic Salary: This is the most important part of a salary slip as many of the other components are structured around it. In many cases value of basic salary is taken to calculate the taxability of others.Basic salary is 100% taxable.2.. Basic Salary: This is the most important part of a salary slip as many of the other components are structured around it. In many cases value of basic salary is taken to calculate the taxability of others.