accuracy
Approximation
A yardstick is rigid - a tape measure is flexible.
grams
It is a unit rate.
Absolute value is a measure of distance.
Accuracy.
If your question is in economics, try there. If your desired True Value is in measurements, then ASTM and similar folk have useful definitions. The True Value of a measurement is the value to which many individual measurements taken by different methods and different experimenters tend. They go on to define Repeatability as the closeness of repeated measurements using the same apparatus etc. And the Reproducibility is the closeness of results achieved by different measurements with different apparatus.
accuracy; reliability.
Accuracy refers to how close a measurement is to the true value, while precision relates to how consistent repeated measurements are to one another. In other words, accuracy describes the closeness of a measurement to the true value, while precision describes the repeatability of the measurements.
Accuracy describes how close measurements are to the actual value. It is a measure of how well the results agree with the true value of the quantity being measured.
No. accuracy is a measure of how close the measurements are to the true value.
precision
Precision
Precision is a measure of how close repeated measurements are to each other. It does not take into account how close the average of those measurements is to the true or accepted value. Accuracy, on the other hand, is a measure of how close a measurement is to the true or accepted value.
The measurements for all members of the sample are the same.
The closeness of measurements to each other is referred to as precision. In other words, precision indicates the degree of consistency between individual measurements.
Earned value management, more commonly known as EVM, is used to measure project performance and advances from a nondiscriminatory perspective. It combines measurements of scope, schedule, and costs.