July-August 2019
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Baylor University’s<br />
department of<br />
statistical science<br />
is a growing<br />
program, with<br />
12 faculty,<br />
30 graduate and<br />
50 undergraduate<br />
students.<br />
Interpreting<br />
Information<br />
By JASON CHIANG<br />
tatistical science is usually defined as the<br />
science of learning from data, and of measuring,<br />
controlling and communicating uncertainty. It<br />
provides the necessary guidance for new<br />
scientific and societal advances, and informs<br />
crucial decision-making. In this digital age,<br />
statisticians have more data than ever before<br />
to drive new and innovative areas of study.<br />
According to a Forbes magazine article, there<br />
are 2.5 quintillion bytes of data created each<br />
day, and that pace is only accelerating with<br />
the rapid growth of the Internet of Things all<br />
over the globe.<br />
Statistics programs focus on theories and<br />
methods of data collection, tabulation,<br />
analysis and interpretation. Graduates typically<br />
pursue careers in business, academics,<br />
industry, government, medicine, publishing,<br />
scientific research and many more diverse<br />
fields. According to the U.S. Bureau of Labor<br />
Statistics, the mean annual wage for a<br />
statistician in the United States was $92,600<br />
(Rs. 64 lakh approximately) in May 2018.<br />
With data-driven analytics and statistical<br />
analysis becoming increasingly important in<br />
all global industries, the programs of the<br />
School of Statistics of University of Minnesota<br />
(UMN) and the department of statistical<br />
science of Baylor University in Texas are<br />
options Indian students can consider.<br />
Photographs by JEANNE HILL<br />
With the rapid growth of<br />
Internet of Things, the<br />
demand for statistical<br />
science graduates has<br />
been increasing steadily.<br />
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