Question

The term precision relates to:

1) the difference between confidence level and estimated error.
2) the difference between confidence level and tolerable error.
3) the difference between expected and tolerable deviation rate.
4) the difference between expected and sample deviation rate.

Answer 1

The term precision relates to the difference between expected and sample deviation rate. Precision refers to how close the agreement is between repeated measurements.

Step-by-step explanation:

The term precision relates to the difference between expected and sample deviation rate.

Precision refers to how close the agreement is between repeated measurements. It analyzes the spread of measured values, such as determining the range between the lowest and highest measured values. If the measured values have a small difference from each other, they are considered relatively precise.

For example, if a set of measured values for length were 10.9 cm, 11.1 cm, and 11.9 cm, the measurements would not be very precise due to significant variation from one measurement to another.