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TeachMeFinance.com - explain prediction prediction The term 'prediction' as it applies to the area of basic science can be defined as 'statement of an expected (future) outcome of a planned test assuming that the hypothesis being tested is correct; to be compared with observed result to test the hypothesis'. Previous 5 Terms: Precision farming preclinical precommercial operations precommercial treatments predict Next 5 Terms: predictions Prediscovery costs Predominant period Predominant Wind Pre-Existing Condition About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.