To calculate the sample mean x-bar, each researcher sums all the calorie counts for each scoop of ice cream. Thus, each researcher has summed together 20 values. Each researcher then divides that sum by the number of numbers summed together, which in this example is 20.
DEFINITION of 'Base Currency'. The first currency quoted in a currency pair on forex. It is also typically considered the domestic currency or accounting currency.For accounting purposes, a firm may use the base currency to represent all profits and losses.It is sometimes referred to as the primary currency.he first currency quoted in a currency pair on forex. It is also typically considered the domestic currency or accounting currency. For accounting purposes, a firm may use the base currency to represent all profits and losses. It is sometimes referred to as the primary currency.
The base currency of the United States is the U.S. dollar. It is printed in bills in seven denominations : $1, $2, $5, $10, $20, $50, and $100. Previously there have also been five larger denominations: $500, $1,000, $5,000, and $10,000 were printed for general use, and a $100,000 bill for certain internal transactions. 1  1 Overview and history.