Thursday, March 07, 2013

Who Can Use "Heteroschedasticity" In a Pick-Up Line?


On campuses, at cocktail parties and in American corporations, statisticians are walking a bit taller these days.
The explosive growth in data available to businesses and researchers has brought a surge in demand for people able to interpret and apply the vast new swaths of information, from the analysis of high-resolution medical images to improving the results of Internet search engines.
Schools have rushed to keep pace, offering college-level courses to high-school students, while colleges are teaching intro stats in packed lecture halls and expanding statistics departments when the budget allows.
When asked for his occupation, "even 20 years ago I would try to say something other than statistics," said Richard De Veaux, professor of mathematics and statistics at Williams College in Williamstown, Mass. Today, though, "It's just a great time to be a statistician."
Article here.

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