Arguably it's just quibbling over a trivial terminological difference, but I get the feeling that you're thinking more about "Decision Theory"[1] (or "Decision

Arguably it's just quibbling over a trivial terminological difference, but I get the feeling that you're thinking more about "Decision Theory"[1] (or "Decision Science") as opposed to "just Statistics". Decision Theory, of course, uses Statistics, and I guess one could argue the question of whether one is just a subfield of the other, or argue exactly where the dividing line is. [1]: https://en.wikipedia.org/wiki/Decision_theory https://en.wikipedia.org/wiki/Decision_theory