7

Statistical Qualifications

E = MC2 + ε

“What would you say the odds [are of] our getting out of here?”

—Captain Kirk

“Difficult to be precise, Captain. I should say approximately 7,824.7 to 1.”

—Mr. Spock3

We look for qualifications comprising four skills: leadership, communication, analytics training, and analytics-based decision making. We have observed that the cost of overtraining is usually less than the cost of under-training.4

Statistical Qualifications are extremely helpful for making decisions based upon advanced analytics. They are necessary, yet not sufficient for performing advanced analytics. Applied statistical training supplies ...

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