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Become A Statistical Analyst

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Working As A Statistical Analyst

  • Analyzing Data or Information
  • Interacting With Computers
  • Processing Information
  • Communicating with Supervisors, Peers, or Subordinates
  • Interpreting the Meaning of Information for Others
  • Mostly Sitting

  • $72,925

    Average Salary

What Does A Statistical Analyst Do

Statisticians use statistical methods to collect and analyze data and to help solve real-world problems in business, engineering, healthcare, or other fields.

Duties

Statisticians typically do the following:

  • Decide what data are needed to answer specific questions or problems
  • Determine methods for finding or collecting data
  • Design surveys, experiments, or opinion polls to collect data 
  • Collect data or train others to do so
  • Analyze and interpret data
  • Report conclusions from their analyses

Statisticians design surveys, questionnaires, experiments, and opinion polls to collect the data they need. Surveys may be mailed, conducted over the phone, collected online, or gathered through some other means.

Some surveys, such as the U.S. census, include data from nearly everyone. For most surveys and opinion polls, however, statisticians use sampling to collect data from some people in a particular group. Statisticians determine the type and size of the sample to be surveyed or polled.

Statisticians use specialized statistical software to analyze data. In their analyses, statisticians identify trends and relationships within the data. They also conduct tests to find out the data’s validity and to account for high survey nonresponse rates or sampling error. Some statisticians may help create new software to analyze data more accurately and efficiently.

Statisticians present the findings from their analyses and discuss the data’s limitations to prevent inaccurate conclusions from being drawn. They may present written reports, tables, charts, and graphs to other team members and to clients. Statisticians also recommend how to improve the design of future surveys or experiments.

Statisticians work in many fields, such as education, marketing, psychology, sports, or any other field that requires the collection and analysis of data. In particular, government, healthcare, and research and development companies employ many statisticians.

Government. Statisticians working in government develop and analyze surveys that collect a variety of data, including unemployment rates, wages, and other estimates pertaining to jobs and workers. Other statisticians help to figure out the average level of pesticides in drinking water, the number of endangered species living in a particular area, or the number of people who have a certain disease.

Some statisticians employed by the federal government are known as mathematical statisticians.

HealthcareStatisticians known as biostatisticians or biometricians work in pharmaceutical companies, public health agencies, or hospitals. They may design studies to test whether drugs successfully treat diseases or medical conditions. They may also help identify the sources of outbreaks of illnesses in humans and animals.

Research and development. Statisticians design experiments for product testing and development. For instance, they may help design experiments to see how car engines perform when exposed to extreme weather conditions. Statisticians may also help develop marketing strategies and prices for consumer goods. 

Statisticians often collaborate with other occupations in the design and conduct of the research.

Some people with a degree in statistics or who collect and analyze statistical data may not be formally known as statisticians. Instead, they may work in related fields and professions. In some industries, for example, they may be known as quantitative analysts, market research analysts, data analysts, or data scientists.

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How To Become A Statistical Analyst

Statisticians typically need at least a master’s degree in statistics, mathematics, or another quantitative field. However, a bachelor’s degree is sufficient for some entry-level jobs. Research and academic jobs generally require a Ph.D.

Education

Statisticians typically need at least a master’s degree, although some entry-level jobs are available for those with a bachelor’s degree. Most statisticians have degrees in mathematics, economics, computer science, or another quantitative field. A bachelor’s degree in statistics typically includes courses in linear algebra, calculus, experimental design, survey methodology, probability, and statistical theory.

Many colleges and universities advise students to take courses in a related field, such as computer science, engineering, physics, or mathematics. These courses can help prepare students to work in a variety of industries. Coursework in engineering or physical science, for example, may be useful for statisticians working in manufacturing on quality or productivity improvement. A background in biology, chemistry, or health sciences is useful for work testing pharmaceutical or agricultural products.

Because statisticians often work with data analysis software, computer programming courses may be particularly beneficial for students.

Important Qualities

Analytical skills. Statisticians use statistical techniques and models to analyze large amounts of data. They must determine the appropriate software packages and understand computer programming languages to design and develop new techniques and models. They must also be precise and accurate in their analyses.

Communication skills. Statisticians often work with, and propose solutions to, people who do not have extensive knowledge of mathematics or statistics. They must be able to present statistical information and ideas so that others will understand.

Math skills. Statisticians use statistics, calculus, and linear algebra to develop their models and analyses.

Problem-solving skills. Statisticians must develop techniques to overcome problems in data collection and analysis, such as high nonresponse rates, so that they can draw meaningful conclusions.

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Statistical Analyst jobs

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Statistical Analyst Career Paths

Statistical Analyst
Project Manager Consultant/Project Manager Senior Business Analyst
Analytical Manager
9 Yearsyrs
Analyst Reporting Analyst Business Intelligence Analyst
Business Intelligence Manager
10 Yearsyrs
Data Scientist Clinical Data Manager Clinical Project Manager
Clinical Trial Manager
10 Yearsyrs
Research Analyst Analyst Data Analyst
Data Manager
6 Yearsyrs
Program Manager Principal Consultant Database Architect
Database Manager
5 Yearsyrs
Senior Analyst Senior Consultant Senior Manager
Director Of Analytics
13 Yearsyrs
Business Analyst Project Manager Senior Project Manager
Project Director
8 Yearsyrs
SAS Programmer Senior Programmer Senior Software Engineer
Project Leader
5 Yearsyrs
Research Analyst Business Analyst Product Manager
Research And Development Technician
6 Yearsyrs
Biostatistician Senior Technician Specialist Assistant Professor
Research Director
7 Yearsyrs
Finance Analyst Business Analyst Senior Analyst
Research Manager
6 Yearsyrs
SAS Programmer Developer Analyst Senior Software Engineer
Senior Analyst
6 Yearsyrs
Statistical Consultant Data Analyst
Senior Data Analyst-
6 Yearsyrs
Data Scientist
Senior Data Scientist
10 Yearsyrs
Statistical Consultant Biostatistician Senior Technician Specialist
Senior Engineer
8 Yearsyrs
Project Manager President Fellow
Senior Research Associate
6 Yearsyrs
Analyst Data Analyst Statistician
Senior Statistician
7 Yearsyrs
Finance Analyst Account Manager Technical Support Specialist
Senior Technologist
6 Yearsyrs
Senior Analyst Project Leader Technical Manager
Technical Director
7 Yearsyrs
Business Analyst Senior Systems Analyst Senior Software Engineer
Technical Manager
7 Yearsyrs
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Statistical Analyst Demographics

Gender

Male

47.6%

Female

38.1%

Unknown

14.3%
Ethnicity

White

60.9%

Asian

25.7%

Hispanic or Latino

9.0%

Unknown

3.5%

Black or African American

0.9%
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Languages Spoken

Spanish

29.1%

French

13.6%

Chinese

10.9%

Mandarin

9.1%

Arabic

5.5%

Russian

4.5%

Italian

4.5%

Cantonese

3.6%

Hindi

2.7%

German

2.7%

Japanese

2.7%

Bengali

1.8%

Greek

1.8%

Portuguese

1.8%

Swahili

0.9%

Turkish

0.9%

Marathi

0.9%

Korean

0.9%

Hebrew

0.9%

Ukrainian

0.9%
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Statistical Analyst Education

Schools

George Washington University

7.8%

Cornell University

7.8%

University of Nebraska - Lincoln

7.2%

University of Kentucky

6.1%

University of Michigan - Ann Arbor

5.6%

University of Phoenix

5.6%

University of Alabama

5.0%

University of Missouri - Columbia

5.0%

Columbia University

5.0%

Michigan State University

4.4%

Arizona State University

4.4%

University of Connecticut

4.4%

Florida State University

4.4%

North Carolina State University

3.9%

University of Texas at Dallas

3.9%

University of Maryland - College Park

3.9%

University of Florida

3.9%

University of Iowa

3.9%

University of Central Florida

3.9%

DePaul University

3.9%
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Majors

Statistics

31.9%

Business

12.9%

Economics

7.1%

Mathematics

6.6%

Finance

6.3%

Biostatistics

5.5%

Management Science

4.1%

Computer Science

3.9%

Psychology

2.7%

Management

2.6%

Accounting

2.5%

Ecology, Population Biology, And Epidemiology

2.2%

Sociology

2.1%

Communication

1.5%

Public Health

1.4%

Experimental Psychology

1.4%

Marketing

1.4%

Management Information Systems

1.3%

Elementary Education

1.3%

Industrial Engineering

1.3%
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Degrees

Masters

48.3%

Bachelors

28.0%

Doctorate

9.8%

Other

8.6%

Certificate

2.6%

Associate

2.5%

Diploma

0.3%

License

0.1%
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Real Statistical Analyst Salaries

Job Title Company Location Start Date Salary
Statistical Analyst Netflix Los Gatos, CA Nov 18, 2015 $240,200
Director, Statistical Analyst Charles Schwab & Co., Inc. San Francisco, CA Oct 31, 2016 $185,000
Statistical Arbitrage Analyst Flow Traders Us LLC New York, NY Oct 01, 2015 $155,000
Statistical Arbitrage Analyst Flow Traders Us LLC New York, NY May 17, 2016 $155,000
Director, Statistical Analyst Charles Schwab and Company, Inc. San Francisco, CA May 01, 2015 $150,000 -
$180,000
Expert Statistical Analyst Bayer Healthcare Pharmaceuticals, Inc. NJ Sep 05, 2016 $145,000
Clinical Statistical Analyst Inventiv Health Clinical, LLC Bridgewater, NJ Oct 17, 2016 $139,360
Principal Statistical Analyst Novartis Institutes for Biomedical Research, Inc. Cambridge, MA Sep 06, 2015 $132,375
Principal Statistical Analyst Novartis Institutes for Biomedical Research, Inc. Cambridge, MA Oct 08, 2016 $132,375
Principal Statistical Analyst Bayer Healthcare Pharmaceuticals NJ Jan 13, 2016 $129,125
Statistical Arbitrage Analyst Flow Traders Us LLC New York, NY Mar 15, 2015 $126,000
Statistical Analyst MMS Holdings, Inc. Canton, MI Oct 02, 2016 $125,000
Clinical Statistical Analyst Volt Management Corp Bridgewater, NJ Oct 17, 2016 $122,361 -
$141,624
Statistical Analyst Best High Technologies LLC Princeton, NJ Jan 09, 2016 $74,694
Scientific Statistical Analyst Intellisurvey, Inc. Ladera Ranch, CA Sep 21, 2016 $74,600 -
$80,000
Statistical Analyst K3-Innovations, Inc. Pennington, NJ Aug 31, 2016 $74,500
Statistical Analyst K3-Innovations, Inc. Ridgefield, NJ Aug 31, 2016 $74,500
Statistical Analyst K3-Innovations, Inc. North Brunswick, NJ Aug 31, 2016 $74,500
Statistical Analyst I Covance, Inc. Princeton, NJ Oct 26, 2016 $74,443 -
$76,950
Clinical Statistical Analyst Waveletsoft Technologies Inc. Bentonville, AR Sep 14, 2015 $67,100
Clinical Statistical Analyst Waveletsoft Technologies Inc. Bentonville, AR Sep 18, 2015 $67,100
Statistical Analyst Midland Credit Management, Inc. San Diego, CA Oct 01, 2015 $67,000
Statistical Analyst, Data Analytics Jmark Inc. San Jose, CA Nov 09, 2016 $66,784 -
$83,480
Statistical Analyst Wal-Mart Associates, Inc. Bentonville, AR Oct 10, 2016 $66,625
Statistical Analyst II Medpace, Inc. Cincinnati, OH Oct 20, 2015 $66,400
Statistical Analyst I Covance Inc. Cary, NC Jul 10, 2015 $66,394 -
$76,950
Statistical Analyst II Early Warning Services, LLC Austin, TX Oct 01, 2015 $66,123 -
$96,123

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Top Skills for A Statistical Analyst

SASMacrosDatabaseStatisticalAnalysisSas/SqlDataAnalysisFinancialReportsRSpssProcSQLLogisticRegressionStatisticalReportsDataManagementStatisticalDataDataCollectionAd-HocStatisticalModelsAnalyticalSupportLargeDataPowerpointDataEntry

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Top Statistical Analyst Skills

  1. SAS Macros
  2. Database
  3. Statistical Analysis
You can check out examples of real life uses of top skills on resumes here:
  • Developed routine SAS macros to create tables, graphs and listings for inclusion in clinical study reports.
  • Administered the Payment for Order Flow database used by Exchange Specialists and Directed Order Flow recipients to collect and disburse funds.
  • Served as a liaison between the business community in the field of Insurance/Reinsurance, Statistical Analysis and the System Architect/Lead Developer.
  • Provide technical expertise in Base SAS, SAS Macro language, SAS/SQL, and SAS/GRAPH.
  • Provide statistical support in experimental design, data analysis and interpretation as well as manuscript preparation and reporting.

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