Graduate students in LTU’s College of Management are now offering to provide statistical analysis through a new company, Blue Devil Statistics LLC, which has been formed by Assistant Professor Matthew Cole.
Seed funding for the new company came from a $3,100 mini-grant awarded to Cole by the Coleman Foundation to promote self-employment through business ownership in the area of research consulting.
The graduate students have learned about the organization, analysis, and dissemination of quantitative and qualitative survey and behavioral data through a graduate-level course, Business Application of Statistical Analysis, which is taught by Cole.
The first project for Blue Devil Statistics is data analysis for Professor Donald Carpenter’s survey of engineering ethical development, which has been funded by the National Science Foundation. Mohammed Hussain, who is studying for a master’s degree in information technology, has been assigned to this project.
Blue Devil Statistics is also working for LTU’s Office of Career Services to conduct statistical analysis of LTU’s annual graduation survey, which is used to track the salaries of employed graduates as well as the percentage of graduates who get jobs or advance to graduate school.
A third project will be the analysis of data for Grech.co LLC to evaluate a cultured dairy nutraceutical with buckwheat flour for the treatment of elevated cholesterol and/or blood sugar levels. This project involves the analysis of physiological data (cholesterol levels, body mass index, blood pressure, etc.) and behavioral data (compliance, taste preference, etc.) of a new natural drink for the treatment of cholesterol and diabetes.
“These research projects enable our graduate students to apply what they have learned in the classroom to real-world situations,” Cole said. “We can provide professional data analysis at economical prices.”
For more information on the services provided by Blue Devil Statistics LLC, contact Cole at firstname.lastname@example.org or (248) 204-3096.