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Statistics is also used for the purpose of prediction. Prediction is done by each and every individual at some point of life. In other words, if students of Mathematics start their class with reading formulae for 10minutes everyday for half of the semester then the students will have made a prediction about reading of the formulae in Mathematics class.The person is not sure that the same things will occur again instead he can just expect the same things will happen.

- Biology and social sciences
- Finance
- Manufacturing
- Marketing research
- Management
- Biotechnology
- Computing

The main goal of statistics is to study and to draw a conclusion from the changes occurred in the values of independent variables (prediction) on dependent variables (response). Observational and experimental are two major types of studies.