Analytics / Data Science 201 (ADY201m) Practice Test 2025 - Free Data Science Course 1 and 2 Practice Questions and Study Guide

The statement is accurate. The demand for data scientists has surged significantly, particularly due to their essential role in analyzing data, driving decision-making, and extracting valuable insights across various industries. High demand combined with a limited supply of qualified professionals has led employers to offer attractive compensation packages, with average salaries reported in the range of $112,000. This reflects the value that organizations place on skilled data scientists to gain competitive advantages through data analytics. Overall, the claim reflects current market trends.

In contrasting this with the alternative perspective, one would find that claims negating the high salaries or stating that there is no shortage of talent would not align with the established market trends and employment data in the field of data science.