Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
The differences between statistical analysts and business & data analysts can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 4-6 years to become a statistical analyst, becoming a business & data analyst takes usually requires 2-4 years. Additionally, a business & data analyst has an average salary of $75,461, which is higher than the $69,356 average annual salary of a statistical analyst.
The top three skills for a statistical analyst include statistical analysis, data analysis and statistical methods. The most important skills for a business & data analyst are data analysis, power bi, and visualization.
| Statistical Analyst | Business & Data Analyst | |
| Yearly salary | $69,356 | $75,461 |
| Hourly rate | $33.34 | $36.28 |
| Growth rate | 19% | 11% |
| Number of jobs | 30,653 | 188,716 |
| Job satisfaction | 5 | - |
| Most common degree | Bachelor's Degree, 63% | Bachelor's Degree, 66% |
| Average age | 37 | 44 |
| Years of experience | 6 | 4 |
A statistical analyst is primarily responsible for gathering data, ensuring accuracy and relevance to the subject. Their other responsibilities also revolve around designing and implementing strategies for collecting information, analyzing data through particular software, and presenting the company's findings to decision-making officials. There are also instances when a statistical analyst must record and organize data using a database, collaborate with other teams, and even train new analysts. Furthermore, as a statistical analyst, it is essential to adhere to the company's policies and regulations.
A business and data analyst is an individual who specializes in utilizing different data-centered strategies in providing analytical services to a company or an organization. Their duties focus on conducting extensive market research and assessments, organizing studies using various techniques and approaches, gathering and analyzing data, performing risk assessments, and spearheading activities such as interviews and surveys. They use their research findings to create plans, establish business forecasts and models, and recommend solutions to optimize business operations.
Statistical analysts and business & data analysts have different pay scales, as shown below.
| Statistical Analyst | Business & Data Analyst | |
| Average salary | $69,356 | $75,461 |
| Salary range | Between $50,000 And $94,000 | Between $55,000 And $101,000 |
| Highest paying City | Bridgewater, NJ | Jersey City, NJ |
| Highest paying state | New Jersey | New Jersey |
| Best paying company | Genentech | Meta |
| Best paying industry | Pharmaceutical | Finance |
There are a few differences between a statistical analyst and a business & data analyst in terms of educational background:
| Statistical Analyst | Business & Data Analyst | |
| Most common degree | Bachelor's Degree, 63% | Bachelor's Degree, 66% |
| Most common major | Statistics | Business |
| Most common college | Northwestern University | Northwestern University |
Here are the differences between statistical analysts' and business & data analysts' demographics:
| Statistical Analyst | Business & Data Analyst | |
| Average age | 37 | 44 |
| Gender ratio | Male, 56.1% Female, 43.9% | Male, 54.9% Female, 45.1% |
| Race ratio | Black or African American, 4.8% Unknown, 4.9% Hispanic or Latino, 11.3% Asian, 14.4% White, 64.4% American Indian and Alaska Native, 0.1% | Black or African American, 7.5% Unknown, 4.5% Hispanic or Latino, 8.5% Asian, 14.6% White, 64.8% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 10% | 12% |