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Can you become a millionaire by learning statistics to crack the lottery code?

A person spinning lottery balls

Surprisingly, no...

But if you're passionate about numbers, you can make a good living as a statistician!

How Do Statisticians Contribute?

Statisticians solve real-world problems for businesses and governments by looking at statistical trends.

Some examples:

  • Predicting weather and natural hazards

  • Managing the impact of climate change

  • Reducing hunger by assessing food trends

You can change the world with statistics!

You can use statistics to become a professional baseball manager or a member of the data science team of a U.S. presidential campaign.

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What Does A Typical Day At Work Look Like?

The duties of a statistician incorporate :

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  • Collecting, analyzing, and interpreting data to identify trends and highlight important statistical relationships

  • Designing ways to optimize data collection

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  • Explaining your findings to stakeholders (project managers, service providers, government officials, etc)

  • Helping businesses make decisions and develop strategies based on data

What Are The Job Qualifications?

The minimum academic requirement is a bachelor’s degree in Statistics or Applied Mathematics.

A graduate degree (master’s or doctoral) is typically required for higher level positions. A doctoral degree (PhD) is usually required to work in a research-intensive position.

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Typical Employers of Statisticians:

  • Banks and trust companies

  • Insurance companies

  • Governments

  • Universities

  • Pension benefit consulting firms

  • Science & engineering firms

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Does It Pay The Bills?

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Average yearly salary for a statistician in Canada is $85,578.

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Average yearly salary for a statistician in America is $97,951.

Should I Choose This Career?

A person presenting data on a screen

You'll love the job if you...

  • Enjoy analyzing the patterns and anomalies in data

  • Have an interest in using technology to figure out data

  • Can communicate data effectively

  • Have a degree in statistics, mathematics, or related work experience

You'll hate the job if you...

  • Have difficulty analyzing the meaning of data

  • Have an interest in more abstract concepts rather than numbers

  • Have difficulty sitting at a desk all day

  • Are not willing to work with a consistent 9-5 routine

Quiz

Jim likes to analyze patterns within data but is shy about presenting. Should he become a statistician?

Role Models Of The Field

These two statisticians were pioneers in their fields:

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Florence Nightingale

  • Developed ways to represent statistics in visually accessible ways

  • Used data to help India improve its medical system

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David Blackwell

  • Made important contributions to game theory, probability theory, information theory, and Bayesian statistics

  • Wrote an influential textbook, Basic Statistics

Did you know?

David Blackwell was the first African American to be inducted into the National Academy of Science, while several hospitals have been named after Florence Nightingale.

Take Action

An animated graphic of data analysis appearing in a textbookAre you interested in the profession?

License:

This Byte has been authored by

RA

Raheema Afridi

Passionate for science, teaching and coffee.

English

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