Statistics is a branch of mathematics dealing with the collection, analysis, interpretation, presentation, and organization of data.In applying statistics to, e.g., a scientific, industrial, or social problem, it is conventional to begin with a statistical population or a statistical model process to be studied. Populations can be diverse topics such as "all people living in a country" or "every atom composing a crystal". Statistics deals with all aspects of data including the planning of data collection in terms of the design of surveys and experiments.
Statistics is a form of mathematical analysis that uses quantified models, representations and synopses for a given set of experimental data or real-life studies. Statistics studies methodologies to gather, review, analyze and draw conclusions from data. Some statistical measures include mean, regression analysis, skewness, kurtosis, variance and analysis of variance.
Scope of Statistics
Statistics is indispensable in this modern age aptly termed as "the age of planning". The governments of most countries around the world are constantly researching to improve its economic development. Statistical data and techniques of statistical analysis are immensely useful in solving economical problems such as wages, price, time series analysis, demand analysis. It is an irreplacable tool of production control. Business executives are relying more and more on statistical techniques for studying the prefernce of the customers. Industry statistics are widely used in equality control. In production engineering, statistical tools such as inspection plan, control chart etc. are extensively used to find out whether the product is confirming to the specifications or not. Statistics are useful to banker, insurance companies, social workers, labour unions, trade associations, chambers and to the politicians.
Skills and Competencies needed in Statistics
You will need to have:
- mathematical ability and computer literacy;
- a clear understanding of statistical terms and concepts;
- analytical skills;
- written and oral communication skills;
- problem-solving skills;
- the ability to communicate results and findings to non-statisticians;
- the ability to influence others;
- a practical and strategic approach to work;
- a high level of accuracy and attention to detail;
- the capability to work to deadlines and to plan your work;
- the capacity to work alone and within teams.
Career Opportunities and Job Prospects in Statistics
- Content Analyst
- Statistic Trainer
- Data Scientist
- Algorithm Designer
- Computer Scientist
- Data Miner
- Database Administrator
- Financial Analyst or Advisor
- Insurance Underwriter
- Inventory Analyst
- Market Researcher
- Research Analyst
- Social Scientist
- Statistical Engineer
- Survey Researcher
Admission Requirements for the study of Statistics in Nigeria
The O'level subject combination and requirements needed to study Statistics;
You require; Five SSCE credit passes to include English Language, Mathematics and at least three of Physics, Chemistry, Biology and Additional/Further Mathematics
In UTME, please note that English Language is Compulsory for this course. Therefore, the three (3) other JAMB UTME subject combination needed to study Statistics under the Faculty of Sciences in the above Universities include;
Mathematics, Physics and Chemistry.