Data science is a fast-growing field that’s projected to be consistently in-demand for the next decade. According to Paysa, the median salary for data scientists was $117,000 in 2018 and will grow 10% by 2023. It’s no wonder so many people are interested in learning more about this career path. But how do you decide whether it’s right for you? We’ll explore some of the pros and cons of being a data scientist, but first let’s start with a few definitions:
What is a data scientist?
Data scientist is a term that’s used to describe people who work with data. Data scientists use data to make decisions, build models and create new products. Data scientists can be found in many industries including finance, healthcare and insurance.
Data science has become an important part of many organizations because it helps them make better decisions based on facts rather than gut feelings or intuition alone. Data scientists are able to use their knowledge of statistics, machine learning algorithms and programming languages like Python or R for example in order to analyze large amounts of information quickly so that they can get results faster than other methods would allow for
What are the benefits of being a data scientist?
Data science is a highly flexible career path, meaning you can work in many different industries and roles. You could be involved with data science at a large company as part of their IT department, or you could be working for yourself as an …Exploring Data Science Careers Read More