Statisticians analyze data and apply mathematical and statistical techniques to help solve real-world problems in business, engineering, healthcare, or other fields. They develop or apply mathematical or statistical theory and methods to collect, organize, interpret, and summarize numerical data to provide usable information. May specialize in fields such as bio-statistics, agricultural statistics, business statistics, or economic statistics. Includes mathematical and survey statisticians. Many statisticians work in the federal government and in private science and engineering research companies. They may work on teams with engineers, scientists, and other professionals. Statisticians typically need at least a master’s degree in mathematics or statistics. The median annual wage for statisticians was $84,060 in May 2017. Employment of statisticians is projected to grow 27 percent from 2012 to 2022, much faster than the average for all occupations. Overall employment of statisticians is projected to grow 33 percent from 2016 to 2026, much faster than the average for all occupations. Businesses will need these workers to analyze the increasing volume of digital and electronic data.
Compile and compute data according to statistical formulas for use in statistical studies. May perform actuarial computations and compile charts and graphs for use by actuaries. Includes actuarial clerks. The median annual wage for statistical assistants was $47,400 in May 2017.
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