Accuracy and precision are two measures of observational error.
Accuracy is how close a given set of measurements (observations or readings) are to their true value, while precision is how close the measurements are to each other.
In other words, precision is a description of random errors, a measure of statistical variability. Accuracy has two definitions:
More commonly, it is a description of only systematic errors, a measure of statistical bias of a given measure of central tendency; low accuracy causes a difference between a result and a true value; ISO calls this trueness.
Alternatively, ISO defines accuracy as describing a combination of both types of observational error (random and systematic), so high accuracy requires both high precision and high trueness.
In the first, more common definition of "accuracy" above, the concept is independent of "precision", so a particular set of data can be said to be accurate, precise, both, or neither.
In simpler terms, given a statistical sample or set of data points from repeated measurements of the same quantity, the sample or set can be said to be accurate if their average is close to the true value of the quantity being measured, while the set can be said to be precise if their standard deviation is relatively small.
In the fields of science and engineering, the accuracy of a measurement system is the degree of closeness of measurements of a quantity to that quantity's true value. The precision of a measurement system, related to reproducibility and repeatability, is the degree to which repeated measurements under unchanged conditions show the same results. Although the two words precision and accuracy can be synonymous in colloquial use, they are deliberately contrasted in the context of the scientific method.
The field of statistics, where the interpretation of measurements plays a central role, prefers to use the terms bias and variability instead of accuracy and precision: bias is the amount of inaccuracy and variability is the amount of imprecision.
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