DIFFERENCE BETWEEN ANALYSTS AND STATISTICIANS
In today’s digital landscape, data has become one of the biggest
and most important assets for almost all organizations. Data can be fetched
from anywhere and it’s actually transforming the way we live.
Statistics and analytics are two branches of data science.
Analysts specialize in exploring what’s in your data, statisticians
focus more on inferring what’s beyond it.
Let’s have a look at basic analytics? Try googling the weather.
Whenever you use a search engine, you’re doing basic analytics. You’re pulling
up weather data and looking at it.
What expert analysts do? They’re all about taking a huge unexplored
dataset and mining it for inspiration. Analysts are lightning-fast coders who
can surf vast datasets quickly, they are data storytellers. Their mandate is to
summarize interesting facts and to use data for inspiration. In some
organizations those facts and that inspiration become input for human
decision-makers.
Statisticians are specialists in coming to conclusions beyond your
data safely — they are your best protection against fooling yourself in an
uncertain world. They care deeply about whether the methods applied are right
for the problem and they agonize over which inferences are valid from the
information at hand. A perspective that helps leaders make important decisions
in a risk-controlled manner. In other words, they use data to minimize the
chance that you’ll come to an unwise conclusion.
Analytics helps you form hypotheses while statistics helps you test
on them.
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