Skip to main content

Difference Between Analysts and Statisticians


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.

Comments

Popular posts from this blog

Unhackable Internet

  W hy it matters?   The internet is increasingly vulnerable to hacking; a quantum one would be unhackable. Quantum Computing    A quantum internet could be used to send unhackable messages, improve the accuracy of GPS, and enable cloud-based quantum computing. For more than twenty years, dreams of creating such a the quantum network have remained out of reach in large part because of the difficulty to send quantum signals across large distances without loss.   Now, Harvard and MIT researchers have found a way to correct for signal loss with a prototype quantum node that can catch, store and entangle bits of quantum information. The research is the missing link towards a practical quantum internet and a major step forward in the development of long-distance quantum networks.   The U.S Department of Energy (DoE) explains how a quantum link will make it happen through two quantum phenomenon: the first is quantum entanglement, where two-particle ...

Impact of Social Media on Business

Watch out for that bird! Imagine you are skydiving, you are visiting one of the most beautiful countries in the world and you want to share that experience with your loved ones and friends. Why not send a postcard? Oh wait, you’re already back from the trip by the time that postcard has reached, or it got lost in the mail. If only there was an alternative. This isn’t 1990. You have a platter of platforms to share your adventure. Webster’s dictionary defines social media as-“ forms of electronic communication (such as websites for social networking and microblogging) through which users create online communities to share information, ideas, personal messages, and other content (such as videos).”In simple words, social media, are various public platforms where people can share their views, stories, etc. with the help of various mediums. Starting with websites such as MySpace, Orkut, and Facebook, etc. it is now estimated that there are about 200 social media websites in ...

Pegasus Spyware: Flying Through The Air

 Hundreds of millions of people can't imagine life without their smartphones. Almost every aspect of their daily lives, from the most mundane to the most intimate, is within easy reach and hearing distance of their smartphones. Only few people realize that their phones may be used as surveillance devices, with someone hundreds of miles away secretly extracting their messages, photographs, and location while also activating their microphone and recording them in real time. Such capabilities are present in Pegasus, a spyware produced by NSO Group, an Israeli maker of mass surveillance weapons. What is Pegasus? Pegasus is a hacking software – or spyware – that is developed, marketed and licensed to governments around the world by the Israeli company NSO Group. It has the capability to infect billions of phones using either iOS or Android operating systems. The spyware is named after Pegasus, the white winged horse from Greek mythology. It is named so because it "flies through the...