Calyampudi Radhakrishna Rao, a prominent Indian-American mathematician and statistician, will receive the 2023 International Prize in Statistics, the equivalent to the Nobel Prize in the field, for his monumental work 75 years ago that revolutionised statistical thinking.
Rao's work, more than 75 years ago, continues to exert a profound influence on science, the International Prize in Statistics Foundation said in a statement.
Rao, who is now 102, will receive the prize, which comes with a USD 80,000 award, this July at the biennial International Statistical Institute World Statistics Congress in Ottawa, Ontario, Canada.
In his remarkable 1945 paper published in the Bulletin of the Calcutta Mathematical Society, Rao demonstrated three fundamental results that paved the way for the modern field of statistics and provided statistical tools heavily used in science today, the Foundation said in a statement on April 1.