Career Woman

Types of statisticians: Which one do you want to be, ladies?

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Gone are the days when women were not in math or tech fields. A growing number of females are pursuing these fields after gaining the education to do the high-paying work. One of these career areas is statistics. If you are thinking of becoming a statistician, you might wonder which area to specialize in, and the information below can help you decide which one is the right fit for you.

Theoretical

This type of statistician looks at the mathematical basis of modern stats practices, including analysis and prediction. It uses both estimation and testing, as well as Bayesian methods that form a lot of modern dataset analysis.
This career involves comprehending statistical modeling through a range of perspectives and models, including small-sample theory and large-sample theory. As a theoretical statistician, you will also study the theory of inference.

Mathematical

Meanwhile, a mathematical statistician will design and implement stats methods relating to producing stats. You will develop and apply mathematical methods to problems to solve them, and stats methods and surveying.
The reports you create as a result of your analyses will be imperative for the organization that employs you as they can then see how to solve existing issues. You will do a lot of research to develop mathematical models to analyze data, and the conclusions you come to will help SMBs and large organizations.

Experimental

If your work focuses on statistical experimental design, then you will conduct experiments or surveys regularly. In one of these studies, you will identify variables of interest and control one or more to collect data about how the factors affect the response (also known as the response variable).
When you account for the involved factors, then you have a better ability to get exact results than if you use a randomized design instead. A common way to analyze an experimental study’s data is to use a method called the analysis of variance.

What Field Will You Work In?

Females are working in a range of industries as statisticians, which makes the career exciting and offers a lot of variety. You can choose a niche early on after graduation or decide to work in several different fields.
Among the fields you might work are:
• Government
• Finance
• Law
• Insurance
• Manufacturing
• Marketing

That list is not an exhaustive one, though, as statisticians also work in economics, telecommunications, sports, psychology, and many other fields. Furthermore, your title might not expressly say statistician but instead could be:
• Data Analyst
• Researcher
• Business Analyst
• Mathematician
• Risk Analyst
Whichever field you choose to work in and the title you hold, being successful begins with having the qualifications.

Qualifications to Become a Statistician

Entering the field as a statistician begins with a bachelor’s degree, typically in statistics, mathematics, or a similar academic area. From there, most statisticians go on to a master’s degree.
A masters in statistics online provides you with a deeper understanding of mathematical modeling and statistical methods, as well as programming and technology. For example, you will become more familiar with R, S-Plus, Python, and SAS, making you more attractive to future employers.
By pursuing graduate education, you are adding longevity to your career and increasing the opportunity to attain a higher-level position. Choosing the online format for the master’s program gives you the flexibility to study and complete assignments when you have time in your busy schedule. For students who have kids and are continuing to work while in a master’s program, distance learning is a great option.

Secure a Great Income

As you go to school to become a statistician, ladies, you likely want to have an idea of what you can expect to earn when you graduate from the online program. As per PayScale, the average salary range for statisticians in the US is $60-$111,000 per year.
To help increase your chances of becoming a success in this field, an online Master of Science in Applied Statistics program is a great next step. By the end of the program, you will have deep mathematical and analytical knowledge to differentiate yourself from others as the best applicant. Not only that, but you will have excellent leadership skills and understand how to innovate to find solutions to the challenges of organizations that hire you.

Conclusions on Becoming a Statistician

A career as a statistician is a fulfilling one as you find ways to solve business problems in the public and private sectors. Employers in a range of industries can benefit from your education and experience, especially when you have a master’s in statistics. Pursue a career that traditionally was only held by men and look forward to continuing the path toward gender equality.

About Carol Trehearn

carolt@thebusinesswomanmedia.com'

Carol Trehearn is a business and marketing specialist.

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