Simple Thoughts About Applied Statistics in the Age of Data Science and Artificial Intelligence

ABSTRACT We consider some key concepts in the application of statistics to real world problem solving which are still relevant in the era of Big Data and Artificial Intelligence (AI). Also, we give an outline of some historical developments in industrial quality improvement where statistical methods are widely applied. In addition, we briefly discuss Big Data, Data Science, and some aspects of machine learning with emphasis on Statistical Thinking and ethical considerations.

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Publication Details

Journal
Applied Stochastic Models in Business and Industry
Published
2026-02-23
DOI
https://doi.org/10.1002/asmb.70073
Primary Topic
Probability and Statistical Research
Type
article
Field-Weighted Citation Impact
0.00
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article

Simple Thoughts About Applied Statistics in the Age of Data Science and Artificial Intelligence

BOVAS ABRAHAM, Asokan Mulayath Variyath
Applied Stochastic Models in Business and Industry
Probability and Statistical Research
article

Simple Thoughts About Applied Statistics in the Age of Data Science and Artificial Intelligence

BOVAS ABRAHAM, Asokan Mulayath Variyath
article en

Abstract

ABSTRACT We consider some key concepts in the application of statistics to real world problem solving which are still relevant in the era of Big Data and Artificial Intelligence (AI). Also, we give an outline of some historical developments in industrial quality improvement where statistical methods are widely applied. In addition, we briefly discuss Big Data, Data Science, and some aspects of machine learning with emphasis on Statistical Thinking and ethical considerations.

Applied Stochastic Models in Business and IndustryVol. 42(2)
Memorial University of Newfoundland (CA), University of Waterloo (CA)
Industry, innovation and infrastructure
Openalex Percentile: Top 34%
Probability and Statistical Research
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