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.
You earn a base salary of $27,000, and you earn a monthly bonus. The total of base pay plus bonuses is the more important number for you to establish when you research compensation for your job. was brought on board at a salary of $27,000 per year, plus a monthly bonus. After my first week on the job, I was moved from an inside sales position to a regional sales manager position with no increase in pay. I've been in this position for three months, and I have had to learn everything on the fly.