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Leverage appropriate statistical methodology in the design, development, and implementation of predictive models and descriptive data mining models
These activities are in direct support of product approval of Philips’ most innovative technologies and claim support. The candidate will be
Statisticians use statistical methods to collect and analyze data and to help solve real-world problems in business, engineering, healthcare, or other fields.
Statisticians typically do the following:
Statisticians design surveys, questionnaires, experiments, and opinion polls to collect the data they need. Surveys may be mailed, conducted over the phone, collected online, or gathered through some other means.
Some surveys, such as the U.S. census, include data from nearly everyone. For most surveys and opinion polls, however, statisticians use sampling to collect data from some people in a particular group. Statisticians determine the type and size of the sample to be surveyed or polled.
Statisticians use specialized statistical software to analyze data. In their analyses, statisticians identify trends and relationships within the data. They also conduct tests to find out the data’s validity and to account for high survey nonresponse rates or sampling error. Some statisticians may help create new software to analyze data more accurately and efficiently.
Statisticians present the findings from their analyses and discuss the data’s limitations to prevent inaccurate conclusions from being drawn. They may present written reports, tables, charts, and graphs to other team members and to clients. Statisticians also recommend how to improve the design of future surveys or experiments.
Statisticians work in many fields, such as education, marketing, psychology, sports, or any other field that requires the collection and analysis of data. In particular, government, healthcare, and research and development companies employ many statisticians.
Government. Statisticians working in government develop and analyze surveys that collect a variety of data, including unemployment rates, wages, and other estimates pertaining to jobs and workers. Other statisticians help to figure out the average level of pesticides in drinking water, the number of endangered species living in a particular area, or the number of people who have a certain disease.
Some statisticians employed by the federal government are known as mathematical statisticians.
Healthcare.Statisticians known as biostatisticians or biometricians work in pharmaceutical companies, public health agencies, or hospitals. They may design studies to test whether drugs successfully treat diseases or medical conditions. They may also help identify the sources of outbreaks of illnesses in humans and animals.
Research and development. Statisticians design experiments for product testing and development. For instance, they may help design experiments to see how car engines perform when exposed to extreme weather conditions. Statisticians may also help develop marketing strategies and prices for consumer goods.
Statisticians often collaborate with other occupations in the design and conduct of the research.
Some people with a degree in statistics or who collect and analyze statistical data may not be formally known as statisticians. Instead, they may work in related fields and professions. In some industries, for example, they may be known as quantitative analysts, market research analysts, data analysts, or data scientists.
Statisticians held about 30,000 jobs in 2014. The industries that employed the most statisticians were as follows:
|Scientific research and development services||14|
|Finance and insurance||13|
|Colleges, universities, and professional schools; state, local, and private||9|
|Management, scientific, and technical consulting services||7|
Federal statisticians are commonly employed at the U.S. Census Bureau, Bureau of Economic Analysis, National Agricultural Statistics Service, or Bureau of Labor Statistics.
Statisticians often work in teams with other professionals. For example, in pharmaceutical companies, statisticians may work with scientists to test drugs for government approval. In insurance companies, they may work with actuaries to calculate the risks of insuring different events.
Statisticians may travel occasionally to meet with team members, set up surveys and research projects, or oversee the collection of data.
Statisticians typically work full time.
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Statisticians typically need at least a master’s degree in statistics, mathematics, or another quantitative field. However, a bachelor’s degree is sufficient for some entry-level jobs. Research and academic jobs generally require a Ph.D.
Statisticians typically need at least a master’s degree, although some entry-level jobs are available for those with a bachelor’s degree. Most statisticians have degrees in mathematics, economics, computer science, or another quantitative field. A bachelor’s degree in statistics typically includes courses in linear algebra, calculus, experimental design, survey methodology, probability, and statistical theory.
Many colleges and universities advise students to take courses in a related field, such as computer science, engineering, physics, or mathematics. These courses can help prepare students to work in a variety of industries. Coursework in engineering or physical science, for example, may be useful for statisticians working in manufacturing on quality or productivity improvement. A background in biology, chemistry, or health sciences is useful for work testing pharmaceutical or agricultural products.
Because statisticians often work with data analysis software, computer programming courses may be particularly beneficial for students.
Analytical skills. Statisticians use statistical techniques and models to analyze large amounts of data. They must determine the appropriate software packages and understand computer programming languages to design and develop new techniques and models. They must also be precise and accurate in their analyses.
Communication skills. Statisticians often work with, and propose solutions to, people who do not have extensive knowledge of mathematics or statistics. They must be able to present statistical information and ideas so that others will understand.
Math skills. Statisticians use statistics, calculus, and linear algebra to develop their models and analyses.
Problem-solving skills. Statisticians must develop techniques to overcome problems in data collection and analysis, such as high nonresponse rates, so that they can draw meaningful conclusions.
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The median annual wage for statisticians was $80,110 in May 2015. The median wage is the wage at which half the workers in an occupation earned more than that amount and half earned less. The lowest 10 percent earned less than $44,900, and the highest 10 percent earned more than $130,630.
In May 2015, the median annual wages for statisticians in the top industries in which they worked were as follows:
|Scientific research and development services||89,490|
|Finance and insurance||79,190|
|Management, scientific, and technical consulting services||76,450|
|Colleges, universities, and professional schools; state, local, and private||68,970|
Statisticians typically work full time.
Employment of statisticians is projected to grow 34 percent from 2014 to 2024, much faster than the average for all occupations. Growth is expected to result from more widespread use of statistical analysis to make informed business, healthcare, and policy decisions. In addition, the large increase in available data from the Internet will open up new areas for analysis.
A substantial amount of data is generated from Internet searching and the use of social media, smartphones, and other mobile devices. Businesses, particularly those in the retail, finance, and insurance industries, will increasingly need statisticians to organize, analyze, and sort through the data for commercial reasons. Analyses will help companies improve their business processes, design and develop new products, and advertise products to potential customers.
In addition, statisticians will be needed in the pharmaceutical industry. The aging of the U.S. population will encourage pharmaceutical companies to develop new treatments and medical technologies. Biostatisticians will be needed to conduct the research and clinical trials necessary for companies to obtain approval for their products from the Food and Drug Administration.
The occupation will also see growth in research and development in the physical, engineering, and life sciences, fields in which statisticians’ skills in designing tests and assessing results are highly useful.
Job prospects for statisticians are projected to be very good. An increasing number of jobs over the next decade will require high levels of statistical knowledge. Job opportunities are expected to be favorable for those with very strong quantitative and data analysis skills. Computer programming skills will remain important to many employers.
Graduates with a master’s degree in statistics and a strong background in a related discipline, such as finance, biology, engineering, or computer science, are projected to have the best prospects of finding jobs in their field of study.
|Occupational Title||Employment, 2014||Projected Employment, 2024||Change, 2014-24|