Thursday, August 6, 2009

For Today's Graduate, Just One Word: Statistics!

Interesting article! Learning mathematics, in particular statistics, is essential in times where everything is measured or quantified. We need people capable of analyzing data to identify trends and make accurate predictions. Click the link below to learn more about how learning statistics could lead you to a lucrative career.

For Today’s Graduate, Just One Word: Statistics


“People think of field archaeology as Indiana Jones, but much of what you
really do is data analysis,” she said.

“We’re rapidly entering a world where everything can be monitored and measured,”
said Erik Brynjolfsson, an economist and director of the Massachusetts
Institute of Technology
’s Center for Digital Business. “But the big problem
is going to be the ability of humans to use, analyze and make sense of the
data.”
The new breed of statisticians tackle that problem. They use powerful computers
and sophisticated mathematical models to hunt for meaningful patterns and
insights in vast troves of data.
Computing and numerical skills, experts say, matter far more than degrees. So
the new data sleuths come from backgrounds like economics, computer science and
mathematics.
The data surge is elevating a profession that traditionally tackled less visible
and less lucrative work, like figuring out life expectancy rates for insurance
companies.
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3 comments:

Anonymous said...

Alfredo Puig - It is true statistics is one of the most important sources of information today. Whether in politics or scientific research, there is a wide need for proof that statistics provides. My particular major is political science and statistics is a great part in who gets elected, number of people that like a certain political view, percentages, and demographics. Math is very vibrant because of its evolution into all different subject matters.

tahasiddique said...

Stats is my main Subject for Studies, and I much interested about learning and writing about Stats

Thanks

<a href="http://tahasiddique.blogspot.com>

vinothkumar said...


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Mathematics and Statistics