Data is king is the mantra in the healthcare industry. Data alone is meaningless without a transformation to actionable information from an analytical process. Statistical methods drive healthcare decisions across a broad range of applications such as hospital quality metrics, Medicare payment systems, personalized medicine, medical studies and so forth. The pharmaceutical and biopharmaceutical industries have unique challenges. The application of suitable statistic techniques is not only a key component of the pharmaceutical quality system, it is mandated by regulations and suggested by guidance documents.
