Is precision a "quality" of a measurement?
Is there a better (accepted by the literature) word?
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Is precision a "quality" of a measurement? Is there a better (accepted by the literature) word? |
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I believe it's only one aspect of a quality of measurement, an other is known as accuracy. Precision and accuracy are not the same thing. I always think about it as a bell curve, the position of the mean is accuracy, the spread from the mean is precision |
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In the first statistics class I ever took, a darts analogy was used. If you have a bunch of darts around the bullseye but fairly spread out you have an accurate but imprecise landing position, whereas if you have a bunch of darts tightly clustered around some other position be it the wall or somewhere on the dartboard you have a precise but inaccurate landing position. |
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