Statistics is indispensable in this modern age. Governments and organizations around the world are constantly implementing statistics to improve economic developments. Wages, pricing of items, time series analysis, demand analysis, production control, business development, growth & analysis. Everything is dependent on statistics.

Therefore, the demand for mathematicians and statisticians is very high currently. It is projected to grow 33 percent from 2018 to 2026 much faster than the average for all occupations (as per the Bureau of Labor Statistics reports). Businesses will need these workers to analyze the increasing volume of digital and electronic data.