Statistics has gotten a reputation for being a very hard class, especially when taken in college, because it combines math concepts in order to form an analysis of a data set that can be used to understand an association in the data (whoo that was a mouthful).
As the top-ranked job in U.S. News & World Report's “Best Business Jobs” category, statisticians are in high demand—and the Master of Science in Applied Statistics and Analytics is regarded as one of the most versatile degrees a school can offer.
Applied Statistics: Candidates who have completed a 2 Year M.Sc. Applied Statistics course can get jobs in Quality control sector, Banking side, IT sector, financial companies, share trading companies, Indian Economic Services, Statistical and Economic Bureaus, Civil Services etc.
Pure statistics focuses primarily on the numbers, math, and problems themselves. Applied statistics on the other hand, can be thought of as “statistics-in-action” or using statistics with an eye toward real-world problems and what their solutions might be. Statistics alone can be used pragmatically.
Jobs for statistics majorsMarket researcher.Financial analyst.Cost estimator.Business analyst.Statistician.Database administrator.Economist.Software engineer.More items...•
You can find a career in statistics by doing activities like solving problems in a various fields & apply statistical & mathematical knowledge to social, economic problems....Job Titles:Statisticians.Business Analyst.Mathematician.Professor.Risk Analyst.Data Analyst.Content Analyst.Statistic Trainer.More items...
Users of statistics -- researchers, government agencies like the Census Bureau and the Bureau of Labor Statistics, companies like the automakers and drug industry, etc. -- make extensive use of the computer in applying statistical methods to their problems.
A person working as a Statistician in Kenya typically earns around 229,000 KES per month. Salaries range from 106,000 KES (lowest) to 365,000 KES (highest). This is the average monthly salary including housing, transport, and other benefits.
A person working as a Statistician in Philippines typically earns around 65,600 PHP per month. Salaries range from 30,200 PHP (lowest) to 104,000 PHP (highest). This is the average monthly salary including housing, transport, and other benefits.
A question which many students ask is whether Applied Statistics is marketable in Kenya. The answer is yes.
Both degree programs have similar graduation requirements and lead to careers in research or academia in various fields, but applied mathematics tends to incorporate a broad range of mathematical analysis tools, while statistics programs focus on statistical concepts.
Applied Statistics for Science, Technology, Engineering, and Mathematics (STEM) (online) Students will examine STEM applications of statistical inferential techniques. Students will learn how to solve statistical problems using a scripting language.