Precision (of an estimate)
This page provides the definition for a mathematics term.
About this resource
A glossary of terms used in mathematics.
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Precision (of an estimate)
A measure of how close an estimate is expected to be to the true value of a population parameter. This measure is based on the degree of similarity among estimates of a population parameter if the same sampling method were repeated over and over again.
Curriculum achievement objectives references
Statistical investigation: Levels 7, 8
Statistical literacy: Level 8
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