How much does an Operations Research Analyst V make in Rhode Island? The average Operations Research Analyst V salary in Rhode Island is $135,637 as of March 26, 2024, but the range typically falls between $116,417 and $149,056. Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession.
Percentile | Salary | Location | Last Updated |
10th Percentile Operations Research Analyst V Salary | $98,917 | RI | March 26, 2024 |
25th Percentile Operations Research Analyst V Salary | $116,417 | RI | March 26, 2024 |
50th Percentile Operations Research Analyst V Salary | $135,637 | RI | March 26, 2024 |
75th Percentile Operations Research Analyst V Salary | $149,056 | RI | March 26, 2024 |
90th Percentile Operations Research Analyst V Salary | $161,273 | RI | March 26, 2024 |
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Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.
Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
Data Analysis: Data analysis is a process of inspecting, cleansing, transforming, and modeling data with the goal of discovering useful information, informing conclusions, and supporting decision-making. Data analysis has multiple facets and approaches, encompassing diverse techniques under a variety of names, and is used in different business, science, and social science domains. In today's business world, data analysis plays a role in making decisions more scientific and helping businesses operate more effectively. Data mining is a particular data analysis technique that focuses on modeling and knowledge discovery for predictive rather than purely descriptive purposes, while business intelligence covers data analysis that relies heavily on aggregation, focusing mainly on business information. In statistical applications, data analysis can be divided into descriptive statistics, exploratory data analysis (EDA), and confirmatory data analysis (CDA). EDA focuses on discovering new features in the data while CDA focuses on confirming or falsifying existing hypotheses. Predictive analytics focuses on application of statistical models for predictive forecasting or classification, while text analytics applies statistical, linguistic, and structural techniques to extract and classify information from textual sources, a species of unstructured data. All of the above are varieties of data analysis.
Data Science: Data science is a multi-disciplinary field that uses scientific methods, processes, algorithms and systems to extract knowledge and insights from structured and unstructured data. Data science is the same concept as data mining and big data: "use the most powerful hardware, the most powerful programming systems, and the most efficient algorithms to solve problems". Data science is a "concept to unify statistics, data analysis, machine learning and their related methods" in order to "understand and analyze actual phenomena" with data. It employs techniques and theories drawn from many fields within the context of mathematics, statistics, computer science, and information science. Turing award winner Jim Gray imagined data science as a "fourth paradigm" of science (empirical, theoretical, computational and now data-driven) and asserted that "everything about science is changing because of the impact of information technology" and the data deluge. In 2015, the American Statistical Association identified database management, statistics and machine learning, and distributed and parallel systems as the three emerging foundational professional communities.
Operations Research Analyst V collects and analyzes data to evaluate operations and processes and to facilitate complex decision-making. Follows established modeling and evaluation methodologies to determine the effectiveness of current operational activities, isolate problem areas and develop solutions. Being an Operations Research Analyst V tests and validates models and results. Prepares reports that outline and rank proposed solutions and present a range of possible alternatives. Additionally, Operations Research Analyst V may coordinate or provide guidance to high complexity or critical projects utilizing multiple resources. May present and interpret findings to executives and participate in the decision making process to recommend strategies and business directions. Requires a bachelor's degree of mathematics or related field. Typically reports to a manager or head of a unit/department. The Operations Research Analyst V works on advanced, complex technical projects or business issues requiring state of the art technical or industry knowledge. Works autonomously. Goals are generally communicated in solution or project goal terms. May provide a leadership role for the work group through knowledge in the area of specialization. To be an Operations Research Analyst V typically requires 10+ years of related experience. (Copyright 2024 Salary.com)... View full job description
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Location | Avg. Salary | Date Updated |
---|---|---|
Location Coventry, RI | Avg. Salary $136,027 | Date Updated March 26, 2024 |
Location Cumberland, RI | Avg. Salary $136,287 | Date Updated March 26, 2024 |
Location East Providence, RI | Avg. Salary $136,287 | Date Updated March 26, 2024 |
Location Narragansett, RI | Avg. Salary $137,066 | Date Updated March 26, 2024 |
Location Tiverton, RI | Avg. Salary $137,456 | Date Updated March 26, 2024 |
Location Westerly, RI | Avg. Salary $138,236 | Date Updated March 26, 2024 |
Location Woonsocket, RI | Avg. Salary $136,157 | Date Updated March 26, 2024 |
Location Adamsville, RI | Avg. Salary $137,456 | Date Updated March 26, 2024 |
Location Albion, RI | Avg. Salary $136,287 | Date Updated March 26, 2024 |
Location Ashaway, RI | Avg. Salary $138,496 | Date Updated March 26, 2024 |
A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.
For Operations Research Analyst V, the upper level is Operations Research Analysis Supervisor and then progresses to Operations Research Analysis Manager.
Salary.com's CompAnalyst platform offers:
Job Title | Experience | EDUCATION | Salary Compared to This Job |
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Job Title Data Analyst V | Experience 10 + | EducationBachelors | Salary Compared to This Job |
Job Title HR Operations Analyst I | Experience 0 - 2 | EducationBachelors | Salary Compared to This Job |
Job Title Operations Research Analyst I | Experience 0 - 2 | EducationBachelors | Salary Compared to This Job |
Job Title Operations Research Analyst II | Experience 2 - 4 | EducationBachelors | Salary Compared to This Job |
Job Title Operations Research Analyst III | Experience 4 - 7 | EducationBachelors | Salary Compared to This Job |
Jobs with different levels of education may pay very differently. Check the Operations Research Analyst V salary of your education level.
A job category is a classification or grouping of job positions that share similar characteristics, functions, or industries. Operations Research Analyst V salary varies from category to category. Click below to see Operations Research Analyst V salary in different categories.
About Rhode Island Rhode Island (/ˌroʊd -/ (listen)), officially the State of Rhode Island and Providence Plantations, is a state in the New England region of the United....More
Skills associated with Operations Research Analyst V: General Data Analysis Software, Statistical Analysis, Gap Analysis, Advanced Analytics ...More
Salary estimation for Operations Research Analyst V at companies like : Project on Childrens Thinking, Medical College Of Cornell University, Marfork Coal Co Inc