Final answer:
Accuracy is a measure of how close a measurement is to the correct value, while precision is a measure of how close a series of measurements are to one another.
Step-by-step explanation:
Accuracy is a measure of how close a measurement is to the correct or accepted value of the quantity being measured. Precision is a measure of how close a series of measurements are to one another.
For example, let's say you are measuring the length of a table with a ruler. If your measurements are all close to the accepted value and also close to each other, then you have both accuracy and precision. However, if your measurements are close to the accepted value but not close to each other, then you have accuracy but not precision.
Therefore, the term that refers to how closely individual measurements agree with the correct or true value is Accuracy.