Math Vs Statistics: Important Points One Should Know

This blog will assist students who are unsure whether to pursue Math Vs Statistics as a major. What is the distinction between statistics and mathematics? Math vs Statistics is a popular debate among students. A number of pupils are oblivious to the distinction between mathematics and statistics. So, in order to comprehend the solution to this issue, we must first understand the fundamental notion of both. As a result, in this blog, we'll look at the concepts of math and statistics and see how they vary. Before delving into the math vs. statistics debate. We'll begin by going through the definitions of math and statistics.

What is mathematics?

Mathematics is a science that deals with quality, structure, numbers, space, and change. Mathematicians seek patterns, generate new data, and demonstrate the truth by precise solutions based on well-established assumptions and definitions. Geometric forms, algebra, and other disciplines of mathematics in science are all related to numbers. The word "mathematics" is derived from Greek and meaning "learning tendencies."

What is Statistics?

The department of statistics is a branch of applied mathematics. It gathers, defines, analyses, and evaluates numerical data to reach conclusions. The mathematical principles of statistics are based on differential and integral calculus, linear algebra, and probability theory. Statistics may be divided into two categories. Descriptive statistics is a type of statistics that describes the characteristics of sample and population data. Inferential statistics, on the other hand, make use of such features to test data and draw conclusions.

Interest Of Students in Math vs Statistics

Take a look at the graph below to see how students' interest in Mathematics and Statistics has changed over the last five years. Students are more interested in mathematics than in statistics, as shown in the graph above. However, in March 2020, it was discovered that student interest in Statistics was at an all-time high compared to previous years. However, mathematics is still more popular among students than statistics. It's a trend analysis of math and statistics. Let's look at the distinction between math and statistics now.

Math Vs Statistics: Major Differences You Should Know

• Field of study

There is a rigorous theorem and proof structure in mathematics. There are visible facts that have been written down as part of human knowledge that have been confirmed.

Statistics is a branch of mathematics that deals with real-world data. This aspect adds to the difficulty of the subject. People are in need of new solutions to what are likely to be novel challenges.

• Deals With

Mathematics is concerned with the elementary knowledge of space, numbers, measurements, and structures.

Statistics deal with the collection, sorting, compilation, and presentation of raw data.

• Merged With

Mathematics is a very broad subject. It covers a wide range of quantitative fields.

Statistics is a mathematical subdiscipline that is strongly related to Applied Mathematics.

• Scope

Mathematics has a much broader scope as related to Statistics.

It has limited scope.

• Key Subjects

Here are some important subjects of mathematics:-

• Nature of Mathematics

• Applied Mathematics

• Mathematical Logic

• Historical Mathematics

• Mathematical Psychology

Here are some important subjects of Statistics:-

• Nature of Statistics

• Statistics software

• Analyzing Data

• History of Statistics

• Experiments and Surveys

• Types of Jobs

Here are some different types of jobs related to mathematics:-

• Math Teacher

• Data Scientist

• Financial Analyst

• Data Analyst

• Software Engineer

Here are some different types of jobs related to Statistics:-

• Financial Analyst

• Software Analyst

• Software engineering

• Data Scientist

• Actuarial Analyst

Career Differences for Math vs Statistics Major

While statisticians and mathematicians both accomplish the same thing. When it comes to data analysis, they use both mathematical and statistical methods. Their professional trajectories are significantly different. In the United States, a statistician has a broader scope than a mathematician for novices. Statisticians employ 37,200 people, whereas mathematicians employ 3,100.

Both fields are advancing at a rapid pace. Statisticians, on the other hand, are anticipated to develop far quicker and have considerably more employment possibilities than mathematicians.

Over the next decade, mathematicians are expected to expand by 30%, resulting in 900 new career opportunities. Statisticians, on the other hand, will observe a 34 percent increase in work opportunities, culminating in 12,600 new job opportunities.

Although mathematicians are in the minority compared to statisticians. Mathematicians earn a higher salary. Statisticians make an average of $84,060 across all businesses, compared to mathematicians' median salary of $103,010. It's a comparison of Math versus Statistics as a professional path.

Final words

To sum up, I hope you have a good understanding of the notion of Math vs Statistics. Despite the fact that they appear to be identical on the surface, they each have their own set of complexity. Both have a variety of applications in everyday life. To advance in any field, or simply in life, one must be extremely accountable for one's actions. I can't tell how difficult a topic is since it is based on an individual's IQ and experience. Choose between math and statistics as your major based on your strengths and preferences.