Infographic: Applied Statistics by the Numbers

Applied Statistics by the numbers
Applied Statistics by the numbers

“The sexy job in the next 10 years will be statisticians” - Google's chief economist Hal Varian.

We are in the midst of a data revolution where massive quantities of data are generated every day. Statisticians and data scientists, experts who can analyze and uncover the information from complex data sets and convey them to the decision makers, are increasingly in demand.

The Bureau of Labor Statistics has projected a 34% growth in the for statisticians and related jobs by 2026. Applied Statistics is one of the top skills for the data-driven world of business.  Companies are looking for statisticians, data scientists, data analysts, and other professionals with applied statistics knowledge who can visualize and analyze data, and use it to solve real-world problems. The industry will need over 13,500 candidates, well versed in the science of data and applied statistics to drive critical business decisions.

Graduate programs that prepare students with these essential skills will be at the forefront of change. The infographic below shows the demand for statisticians in today’s job market for professionals who want to grow in their careers and are considering an online master's degree in applied statistics.

MTU Applied Statistics Infographic

 

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