Peter Bruce is the Founder of the Institute for Statistics Education, a privately-owned online educational institution. Since its creation in 2002, the Institute has specialized in introductory and graduate level online education in statistics, machine learning, data science, optimization, and other subjects in quantitative analytics.
Prior to founding the Institute, in partnership with the noted economist Julian Simon, Peter continued and commercialized the development of Simon's Resampling Stats, a tool for bootstrapping and resampling. In his work at Cytel Software Corp., he developed Box Sampler along similar lines, and helped bring XLMiner, a machine learning add-in for Excel, to market. He has authored a number of journal articles in the area of resampling, and is a co-author of "Practical Statistics for Data Science" (O'Reilly, multiple editions and translations) and of "Machine Learning for Business Analytics" (Wiley, multiple editions and translations). He is also the author of "Introductory Statistics and Analytics" (Wiley, 2014). Early in his career, he co-authored (with D. Traynham) a noted review of airline deregulation in the National Review (May, 1980).
Prior to his retirement in 2024, Peter's role at the Institute centered on course development and faculty recruitment - there are over 60 faculty members from around the world who are published experts in their fields; most teach from their own texts. He also teaches a course on resampling methods.
Peter has degrees in Russian from Princeton and Harvard, and an MBA from the University of Maryland; he is an autodidact in the area of statistics. Prior to his work in statistics, Peter worked in the US diplomatic corps as a Foreign Service Officer.