JSM 2011 Online Program

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Abstract Details

Activity Number: 366
Type: Roundtables
Date/Time: Tuesday, August 2, 2011 : 12:30 PM to 1:50 PM
Sponsor: Business and Economic Statistics Section
Abstract - #301610
Title: The Emergence of Analytics in the World of Business Decisionmaking
Author(s): Aric LaBarr*+ and Michael Rappa
Companies: North Carolina State University and North Carolina State University
Address: Institute for Advanced Analytics, Raleigh, NC, 27606, USA
Keywords: Analytics ; Business Statistics ; Statistics Education ; Decision Making
Abstract:

Due to our ever expanding, data-driven society, the availability and quantity of data to decision-making people in the business sector is growing rapidly. The emergence of the field of analytics has started a culture shift in how businesses view the role of the data analyst. This roundtable will discuss some of the current issues by both industry and academia to adjust to this changing culture. Topics to be discussed may include: the new role of the data analyst, the expectations of companies for business focused statisticians, academia's preparation of students for this changing field, and options for students to be prepared for this new culture of analytics.


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