The course covers basic statistical concepts and techniques and presents procedures for applying them. The emphasis is on the application of statistical knowledge and it consists of: Descriptive statistics. Correlation and regression, Index numbers, Probability concepts. This course may include: Descriptive Statistics (Distribution (frequency) tables; bar graphs and histograms; distribution (frequency) curves, measures of centrality and variability for raw and for grouped data, percentiles), Elements of Probability (Sample space and events (simple and compound) of a random phenomenon; basic laws of probability; rules of counting; sample selection (with replacement, without replacement and simultaneous) disjoint and independent events, conditional probability), Binomial, Poisson, Normal populations, Sampling distribution of sample mean.