What is the relation between the standard deviation and the precision of a procedure

Chapter 4, Problem 4-1

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QUESTION:

What is the relation between the standard deviation and the precision of a procedure? What is the relation between standard deviation and accuracy?

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QUESTION:

What is the relation between the standard deviation and the precision of a procedure? What is the relation between standard deviation and accuracy?

ANSWER:

Step 1 of 2

A set of standard deviation numbers explains how far the values vary from the mean value.

Precision explains the clarity or consistency in the collected data, that is, how much the measured values are close to each other.

Accuracy explains correctness, that is , how close the measured values ins to the true value.

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