Recently, there has been a huge demand for the jobs of statisticians in sports and businesses worldwide. This is because data availability increases and there is a greater need for experts to make data-driven decisions. Also, their unique skill set and competency with numbers mean that statisticians are increasingly in-demand and their salary is evident. In this article, you will learn about the skills and requirements needed to become a successful statistician.
Who is a Statistician?
The profession exists in both the private and public sectors. It is common to combine statistical knowledge with expertise in other subjects, and statisticians may work as employees or as statistical consultants. Hence, statisticians interpret data, build statistical models, and help devise solutions for organizations such as businesses, government agencies, and academic institutions. As data becomes more critical in the global economy, so do statisticians who know how to use math to identify invaluable insights.
Statistician’s Salary
A sports statistician’s salary differs based on experience, industry, and location. According to the Bureau of Labor Statistics (BLS), the median annual wage for statisticians in the United States was $95,570 in May 2021. In the following sections, you will find how other factors, such as professional experience impact a statistician’s salary.
Factors Affecting Statistician Salary
Here are a few things that determine the sports statistician’s salary,
#1. Statistician’s Salary by Experience
A statistician’s professional experience increases their average salary. According to Glassdoor as of May 2022, these are the estimated base salaries for statisticians across many different experience levels.
- 1-3 years – $84,598
- 4-6 years – $83,719
- 7-9 years – $89,082
- 10-14 years – $98,356
- 15 years – $111,846
#2. Statistician’s Salary by Industry
The industry in which a statistician works can significantly impact their expected salary. For example, a May 2021 report compiled by BLS shows a mean annual wage of $146,290 for statisticians in pharmaceutical and medicine manufacturing and a mean yearly salary of $81,740 for those working in colleges, universities, and professional schools.
#3. Statistician’s Salary by Location
The average statistician’s salary varies from one location to another. Typical factors impacting pay in different areas include the cost of living, the cost of labor, and the local job market.
#4. Success and Performance
Some occupations are extremely competitive, and a small number of successful workers often have very high earnings. Workers whose pay depends on their job performance also might have very high or meager wages.
#5. Credentials
Workers who have advanced education or hold professional certification or licensure may earn more than other workers in the same occupation who don’t have these credentials, especially when credentials are sought after by employers.
Do Statisticians Make Good Money?
Statistician salaries typically range between $60,000 and $119,000 a year. The average hourly rate for statisticians is $40.73 per hour.
How to Become a Statistician
If you have an interest in numbers and statistics, you might be wondering how to become a statistician. There are a variety of career paths you can take to enter this field. That is to say, understanding the level of education, skills, and experience to become a statistician can help you make informed decisions regarding this career path. To help you we have outlined the requirements on how to become a statistician,
Requirements to Become a Statistician
The following requirements help you discover how to become a statistician:
#1. Obtain Undergraduate Degree
A bachelor’s degree in an applicable subject is an essential requirement to becoming a statistician. The most relevant degree is in statistics, of course; beyond your coursework in statistics, you’ll want to take courses in calculus, linear algebra, and computational thinking. other degrees can also lead to a good foundation in statistics, including:
- Mathematics (especially applied math)
- Computer science
- Economics
Additionally, many scientific degrees often include coursework in statistics, which you may want to pursue if you know that you want to use your training in a specific field, like biostatistics.
#2. Get Exposure via Internships & Data Analysis Contests
There are numerous requirements on how to become an undergraduate statistician. Starting an internship is a great way to gain real-world experience and connect with professionals in the industry. You might also participate in contests that allow you to work with actual data. Ensure you include information about an internship or any awards won through competitions on your resume. Data analysis contests would give you the on-the-job skills that you may need to perform your duties.
#3. Earn an Advanced Degree
Most professional statisticians have master’s degrees in applied statistics or mathematics, and many go on to complete their doctoral degrees as well. Doctoral degrees are necessary for individuals who want to go on to teach at a university, while master’s degrees can be enough for employment in private and government sectors.
#4. Include Professional Credentials on your Resume
You can demonstrate your abilities through a variety of certification exams and portfolio assessments. There are two levels of credentials. The first is the GStat, which is for people who have finished a master’s degree. The second is the PStat, which necessitates recommendation letters and work samples in addition to the entry-level GStat. Determine which one of these two credentials is most appropriate for you.
#5. Apply For a Statistician Jobs
Professional statisticians can work in various fields, but to stand out to a potential employer, you must demonstrate how your degree and expertise are ideal for the position. Consider which area you wish to specialize in economics, academia, demography, and marketing. You might also consider specializing in in-demand sectors like the government and pharmaceuticals. Statistician jobs requirements are in the fields of:
- Finance
- Education
- Psychology
- Biology
- Geography
- Economics
- Health
- Marketing and product development
- Government at all levels
Do You Need a Ph.D. to Be a Statistician?
In private industry, mathematicians typically need either a master’s or a doctoral degree; statisticians typically need a master’s degree, but some entry-level positions may accept candidates with a bachelor’s degree. Most colleges and universities have bachelor’s degree programs in mathematics.
Skill Requirements to Become a Statistician
A Statistician needs a wide variety of skill requirements in order to become successful and remain effective,
#1. Analytical
Statisticians are often professionals in data analysis as the primary requirement. They should be able to see trends and anomalies in data.
#2. Technical Proficiency
Statisticians use technical skills to operate computer systems, formulas, and other techniques to successfully gather and modify data that affects their decisions.
#3. Communication Skills
Statisticians also possess excellent communication abilities to adequately explain the results of their investigation to other team members in the business. This encompasses verbal and written communication and the capacity to display material in a visually appealing manner.
#4. Leadership Qualities
Statisticians that are particularly viable should be critical thinkers regarding data they’re evaluating from the perspective of essential stakeholders and managers. Learning to think like a leader could assist statisticians in seeing anomalies and data points that can have a significant impact on their firms.
#5. Ability to Handle Stress & Prioritize
As a statistician, you may handle more than one project while responding to requests and crises that are not anticipated. They can use this skill to prioritize tasks and manage time to accomplish the set objectives.
#6. Problem-solving
These professionals regularly use this skill to identify discrepancies in data that could affect an overall result. Statisticians can promptly think of solutions and analyze data correctly.
How Many Years Does It Take To Become a Statistician?
Depending on your education level, it typically takes four to six years to become a statistician. A bachelor’s degree typically takes four years to complete, and a master’s often takes about two years, depending on your program.
Statistician Jobs
The amount of statistician jobs growth projected is looking incredibly positive. In fact, employment opportunities for statisticians are expected to grow by 31% through 2031, which the BLS notes is significantly faster than the average career track. A projected 4,100 jobs will be added for statisticians every year.
This, of course, is related to the trend in all big data jobs, as more and more organizations are finding that staying on the cutting edge of data analysis is the only way to be competitive in today’s world. To take advantage of this growth surge, statisticians should be sure to remain up to date with the latest technologies and feel competent and comfortable with all aspects of data analysis.
Read Also: Reasons-to-become-a-statistician
Statistician Jobs: Duties & Responsibilities
The specific jobs roles and responsibilities of a statistician depend on and differ according to the industry and organization they work in. Statistician jobs roles in the private sector involve interpreting data in ways that can impact organizational and business strategies. For example, by understanding changes in consumer behavior and market trends.
In the public sector, on the other hand, statisticians often collect and analyze environmental, demographic, and health data focusing on furthering benefits to the public. Irrespective of the sector they are working in, the jobs of sports statisticians are required to perform some everyday tasks regularly to earn a salary including:
- Designing data acquisition trials
- Applying the statistical methodology to complex data
- Acting in a consultancy capacity
- Designing and implementing data gathering/management computer systems and software
- Supervising junior statistical staff
- Using statistics to make forecasts and to provide projected figures
- Presenting information in a variety of formats
- Conveying complex information to people who may not be specialists
- Liaising with colleagues
- Attending meetings
- Collecting, analyzing, and interpreting data
- Identifying trends and inter-relations in data
- Designing data collection tools
- Communicating findings to stakeholders
- Shaping Organizational and Business Strategy
- Helping in Decision Making
Do Statisticians Work Long Hours?
Statisticians typically work in cozy offices and work regular hours 9 to 5 business hours. However, some statisticians must work extra hours to meet deadlines. Statisticians may have to travel to supervise research projects, distribute surveys, or collect data.
Sports Statistician Salary
The majority of Sports Statistician salaries currently range between $41,500 (25th percentile) to $100,000 (75th percentile) with top earners (90th percentile) making $137,000 annually across the United States. A sports statistician is a professional who focuses on recording and analyzing numerical data related to sporting events. Many professionals pursue careers as sports statisticians because they can offer competitive salaries and exciting opportunities to attend sporting events.
In addition, if you have an interest in sports and excellent attention to detail and mathematics skills, you might thrive in a career as a sports statistician. Sports statisticians can work for almost any type of team, including sports like football, basketball, and baseball while earning a salary. Here are some steps you can follow to start your career as a sports statistician while earning a salary,
- Earn a bachelor’s degree
- Expand your knowledge of sports
- Consider a master’s degree
- Complete an internship
- Apply for jobs as a sports statistician
Skills Needed for Sports Statistician Salary
Here are a few key skills for a sports statistician to earn a salary,
- Mathematics skills
- Knowledge of sports
- Attention to detail
- Data analysis
- Research skills
Sports Statistician Salay: Job Duties
Here are a few of the most common job duties for a sports statistician to earn a salary,
- Scorekeeping for both teams during a live game
- Keeping a record of statistics at live sporting events and games
- Entering data into computer systems for analysis later
- Writing reports that summarize data analyses to share with the media
- Completing audits of statistics using play-by-play data
- Using collected data to help resolve disagreements about referee calls
- Ensuring that all statistical analyses and projections use updated scoring rules
- Verifying the final statistics for players and teams to use in official records
Is Statistics Easier Than Math?
In general, statistics is more vast and covers more topics than calculus. Hence, it is also perceived to be more challenging. Basic or entry-level statistics is much easier as compared to basic-level calculus.
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