The theory of Statistics is one of the basic disciplines in economic education. The word ‘statistics’ descends from the Latin word ‘status,’ meaning a condition, a state of affairs. The term ‘statistics’ arose in the second half of the 18th Century, with expansion of knowledge to the United States.
History has shown that without statistical data the maintenance of optimal proportions between the development of individual industries and sectors of the economy is impossible.
The knowledge of statistical methods reveals the usual stages of development in different economic processes and allows different quantitative assessments to be made on the basis of measures of dispersion, indexes, correlation analysis and other statistical methods.
Nowadays, statistics provides state institutions of all levels, international organizations, commercial structures and the population in general, with objective, timely, and complete information on socio-economic development of a country, its regions and various sectors of its economy.
Statistical information is used at the macro level for developing economic policies, formating budget statements, obtaining forecasts for socio-economic development, and analysing the realization of federal acts and international obligations. Therefore, statistics plays an important role in formating an information infrastructure for the economy, the social sphere, and society as a whole.
The manual Statistical Methods covers all sections of statistical disciplines and can help institutions of higher education prepare experts in various economic disciplines. It is designed to develop skills through do-it-yourself activities, and to assist with the ability to use different statistical methods in other fields, in thesis writing, in scientific research, and more.