Statistics in Psychology?

Can anyone give me a run-down on the status of biostatistics in psychology?
In my current situation, I am finishing a masters degree in biostatistics,
and about to start a PhD at another school. This is my second career, after
being a software engineer (among other things). The current vogue in the
biostat world seems to emphasize biology background. I've had several
instances where people tell me I'm a smart guy and all, but they'd like to
see someone with more biology background. So I'm thinking I could go into
psychology instead, which is less biology-oriented? I've done a critique of
a psychology paper in class before, and a lot of psychology papers that are
currently being published do seem to suffer from poor statistical
techniques. I get the sense that at present, most biostat departments treat
psychology as more of a fringe specialty. But could this change, as there
is growth in psychopharmaceuticals, and more demand for better statistics?
Are there qualifications that psychologists favor?

Thanks





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