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This is termed the accuracy of the measurement.
This value is variable and different for each type of measurement. The error can be absolute or relative. A measurement without any error doesn't exist.
Absolute error is the difference between an estimated or measured value and it's actually value.For Example:To determine the absolute error you would have to have a measurement or an estimate of whatever this object is. At which point you would take the difference between the estimated value and the actual value.For example: 21.571 is the True value 20.000 is the Recorded Value.Thus: (True value) - (Recorded Value) = Absolute error (21.571) - (20.000) = 1.571
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This is the accuracy of a value.