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August 26 2013

A master's degree in statistics is worthwhile

A master’s degree in statistics is worthwhile

http://flowingdata.com/2013/08/26/a-masters-degree-in-statistics-is-worthwhile

There’s a huge difference between undergraduate Stats 101 (apply a few standard procedures to nice clean datasets) and real data analysis work (figure out how to clean the data and modify your procedures to the messy context in front of you). So a masters-level mathematical/theoretical stats course, where you learn to prove which estimators have desirable properties or to derive tests that are appropriate in a given situation, is invaluable when you run into non-standard problems. The masters degree will also expose you to many techniques that you probably didn’t cover as an undergrad: designing good experiments, computer-intensive methods like the bootstrap, special-use techniques like time series or spatial statistics, other inference philosophies like Bayesian statistics, etc.

#clin_d_oeil pour @simplicissimus #statistiques

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