This text is designed for a one-semester course on Probability and Statistics. The exposition unfolds systematically from an introductory chapter to such topics as random variables and vectors, stochastic processes, estimation, testing and regression. The topics are well chosen and the presentation is enriched by many examples from real life. Following every chapter, the reader will find many original, solved and unsolved problems and hundreds of multiple choice questions, enabling those unfamiliar with the topics to master them. Additionally appealing are the interesting historical notes on the mathematicians mentioned throughout and a useful bibliography. A distinguishing character of the book is its thorough and succinct handling of the varied topics.