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.
Basic salary is what they state as being basic salary. I.e. You could have a basic salary of 15,000 Then you might get a few benefits (location allowance, lunch allowance etc) Maybe taking it up to say 15,500 Then if there's commission/bonus, then you'll also be paid that on top.Basic salary does NOT mean minimum wage.t means the minimum you'll earn before commison/bonuses etc for example it might say basic salary Â£12,000 but that's without bonsues etc,I think anyway AJxx.