Statistics, Minor

The aim of statistical modeling is to empower effective decision making, and the field's unique contribution is its ability to incorporate multiple levels of uncertainty in the framing of wise decisions. Over the last few years, the development of new computational tools and the unprecedented evolution of “big data” have propelled statistical modeling to new levels. Today, statistical modeling and machine learning have reached a level of impact that no large organization can afford to ignore. The information landscape is changing as it has never changed before.