measurement error

Percent error compares an estimate to a correct value and expresses the difference between them as a percentage. This statistic allows analysts to understand the size of the error relative to the true value. It is also known as percentage error and % error. It is a concept that relates to measurement error. [Read more…] about Percent Error: Definition, Formula & Examples

Accuracy and precision are crucial properties of your measurements when you’re relying on data to draw conclusions. Both concepts apply to a series of measurements from a measurement system and relate to types of measurement error.

Measurement systems facilitate the quantification of characteristics for data collection. They include a collection of instruments, software, and personnel necessary to assess the property of interest. For example, a research project studying bone density will devise a measurement system to produce accurate and precise measurements of bone density. [Read more…] about Accuracy vs Precision: Differences & Examples