Measurement precision refers to the consistency and repeatability of a measurement, indicating how closely multiple measurements of the same quantity agree with each other. High precision does not necessarily imply accuracy, as measurements can be consistently wrong if they are systematically biased.

Measurement Precision

Measurement precision

Consistency of a measurement

repeatability of a measurement

multiple measurements

same quantity

High precision

Accuracy refers to the degree of closeness between a measurement or prediction and the true or accepted value. It is a crucial metric in evaluating the performance of models, systems, or instruments, often influencing decision-making processes across various fields.

accuracy

systematically biased

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