Dataconomy
  • News
  • AI
  • Big Data
  • Machine Learning
  • Trends
    • Blockchain
    • Cybersecurity
    • FinTech
    • Gaming
    • Internet of Things
    • Startups
    • Whitepapers
  • Industry
    • Energy & Environment
    • Finance
    • Healthcare
    • Industrial Goods & Services
    • Marketing & Sales
    • Retail & Consumer
    • Technology & IT
    • Transportation & Logistics
  • Events
  • About
    • About Us
    • Contact
    • Imprint
    • Legal & Privacy
    • Newsletter
    • Partner With Us
    • Writers wanted
Subscribe
No Result
View All Result
Dataconomy
  • News
  • AI
  • Big Data
  • Machine Learning
  • Trends
    • Blockchain
    • Cybersecurity
    • FinTech
    • Gaming
    • Internet of Things
    • Startups
    • Whitepapers
  • Industry
    • Energy & Environment
    • Finance
    • Healthcare
    • Industrial Goods & Services
    • Marketing & Sales
    • Retail & Consumer
    • Technology & IT
    • Transportation & Logistics
  • Events
  • About
    • About Us
    • Contact
    • Imprint
    • Legal & Privacy
    • Newsletter
    • Partner With Us
    • Writers wanted
Subscribe
No Result
View All Result
Dataconomy
No Result
View All Result

Hit the target even if you miss the bullseye: Data accuracy vs precision

by Eray Eliaçık
June 10, 2022
in Data Science 101, Understanding Big Data
Home Topics Data Science Data Science 101
Share on FacebookShare on TwitterShare on LinkedInShare on WhatsAppShare on e-mail

Data accuracy vs precision comparison came. When it comes to data measurements, precision and accuracy are two crucial elements to consider. Both accuracy and precision reflect how close a measurement is to a real value. Still, accuracy focuses on how close a measurement is to a known or accepted value. In contrast, precision focuses on whether or not measurements are repeatable even if they fall outside the accepted range. How? Let’s have a look at it in further detail.

Table of Contents

  • Data accuracy vs precision: Difference, definition, and more
  • What is data accuracy?
  • What is precision?
  • Data accuracy vs precision: Difference
    • Data accuracy and precision difference with example
      • Accurate vs precise chemistry
      • Difference between accuracy and precision in surveying
  • Which is better, accuracy or precision?
  • How to test accuracy and precision?
  • Conclusion

Data accuracy vs precision: Difference, definition, and more

Accuracy and precision are crucial properties of your measurements when you rely on data to conclude. Both concepts apply to a series of measurements from a measurement system.

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.

Failure to understand the tension between precision and accuracy can profoundly affect how one processes data and the outcome of geospatial analysis. So, to begin with, let me quickly recap what they are.


Join the Partisia Blockchain Hackathon, design the future, gain new skills, and win!


Hit the target even if you miss the bullseye: Data accuracy vs precision
Data accuracy vs precision

What is data accuracy?

Without accurate data, businesses may make poor decisions that waste time and money. Companies can make bad judgments if they don’t have the correct information.

As a result, data accuracy is an important indicator for businesses to track to ensure that they make the most informed selections possible.

Data accuracy implies accurate data and may be utilized as an actual source of information to make important business decisions.
Data accuracy, on the other hand, is a term that means “how close the estimate of a parameter from sample data is to its real value.”

In our previous article, we already explained what is data accuracy and how improve it.

What is precision?

Precision is the degree to which repeated measurements are consistent. Values differ from one another owing to random error, which is a type of observational error.

Precision is a measure of closeness between two measurements. If you use a yardstick to measure your height daily, your measurements are precise.

So what is the difference between data accuracy vs precision?

Data accuracy vs precision: Difference

In the context of measurement, accuracy and precision have distinct meanings. Accuracy refers to a degree of conformity and accuracy compared to a genuine or absolute value. In contrast, precision refers to a condition of extreme exactness – how consistently something is precisely accurate.

The accuracy of an experiment, object, or value is the degree to which results match the true or accepted value. The precision of an experiment, object, or value measures how reliably and consistently it achieves its intended purpose.

Accuracy and precision are terms used in science, engineering, and statistics to express the closeness between what is measured (the target) and a specific object or condition (the measuring instrument or process).

Data accuracy and precision difference with example

You may miss the bull’s-eye when you throw the darts, but you can always hit the same point. In this situation, we can regard precision as being incorrect since precision. Sometimes referred to as repeatability or reproducibility, a repeated series of measurements is defined.

Hit the target even if you miss the bullseye: Data accuracy vs precision
Data accuracy vs precision: Example

You may be precise without being accurate, and you can also be accurate without being precise. You can, however, be both precise and correct (getting near to the true value each time) or neither precise nor correct (being far away from the ‘true’ measurement and at a different number each time).

Accurate vs precise chemistry

The closeness of a measured value to a standard or known value is referred to as accuracy. If you obtain a weight measurement of 3.2 kg for a certain substance in the lab but the actual or known weight is 10 kg, your reading is inaccurate. In this example, your result was not close to the recognized value.

Precision is the closeness of two or more measurements to one another. If you weigh a particular substance five times and obtain 3.2 kg each time, your measurement is highly precise, as shown in the example above. Precision has nothing to do with accuracy. You can be extremely accurate yet incorrect, as previously said. You may also be precise but inexact.

Hit the target even if you miss the bullseye: Data accuracy vs precision
Data accuracy vs precision chemistry

For example, if your measurements for a certain substance are close to the expected value but they differ significantly from one another, you have accuracy without precision.

To understand accuracy and precision, consider a basketball player shooting hoops. If the player shoots accurately, he will always hit the ball near or into the basket. If the player shoots with precision, he will always make contact with the ball and send it to a specific location that may or may not be close to the basket. A great player would be accurate and precise by shooting, in the same manner, every time and hitting the target inside the ring.

Difference between accuracy and precision in surveying

In surveying, “accuracy” refers to how well a measurement or view corresponds to a “true value” since measurements and views are always subject to error. “Precision” refers to how close repeated measures or observations come to duplicating measured or observed values.

Hit the target even if you miss the bullseye: Data accuracy vs precision
Data accuracy vs precision surveying

Which is better, accuracy or precision?

You’ll need precise and accurate measurements at the same time. It’s easy to claim that precision is enough in some cases, but only if the accuracy of the measurement is understood in some way. A precise, inaccurate measurement is worthless without a method for determining accuracy.

It would help if you determined which one you require the most. However, in most situations, you will use both simultaneously.

How to test accuracy and precision?

You may use measurement system analysis techniques to evaluate the truth and precision of your information. These analyses are complex procedures that will go through everything in detail. Assessing their measurement systems takes significant time and money for scientific studies and quality control investigations. They must trust their data before they can trust the outcomes!

Calibration studies test the precision of your measuring equipment. These tests usually involve measuring a variety of known things several times and comparing the results to predetermined values. This method determines whether the measurements are accurate on average or skewed. If the data are incorrect because they’re biased high or low, you can recalibrate the device to place it back on baseline values.

Gage R&R (repeatability and reproducibility) tests the accuracy of your measuring equipment. They analyze the sources of measurement variability using an ANOVA technique in Gage R&R studies. Gage R&R studies tell you whether your measurements have too much variation and where to focus your corrective measures. They show how much variation is due to the instruments and personnel, allowing you to pinpoint the source of problematic variation. You can try ASQ for Gage R&R.

Conclusion

A project might need to be scoped out at any time. When scoping a project, the closer to the real workload you can get is ideal. You and your client determine the scope of a project to figure out and document a list of specific project goals. Features, functions, deliverables, deadlines, and ultimately the cost of the undertaking are all possible options. Project scope aids in planning for resources and managing project timelines. Accuracy and precision relate to measurement; therefore, they’re both beneficial when defining scoping.

The essence of accuracy and precision is the degree of measurement, which is why they are often confused. They are two separate indicators of measurement that have little to do with one another.

Tags: data accuracyData accuracy vs precisionprecision

Related Posts

Business analytics and business intelligence solutions in retail

Navigate through the rough seas of retail with business intelligence as your compass

September 20, 2022
dark data

If only you knew the power of the dark data…

August 22, 2022
Machine learning vs data science: We explained the differences and similarities between data science and ML, as well as their salaries, skills, future, and more.

Machine learning makes life easier for data scientists

August 5, 2022
What is a data governance framework? Data governance framework components, examples, practices and how to find the best data governance framework explained

The data governance framework is an indispensable compass of the digital age

August 4, 2022
In this article, you can learn What are big data services (BDaaS), big data services company, big data solutions, big data consulting services, big data as a service examples, and more.

Everything you should know about big data services

July 26, 2022
In this article, you can learn what is data transformation, data transformation examples, data transformation tools, data transformation process, data transformation rules, and more.

The ABC’s of data transformation

July 14, 2022

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

LATEST ARTICLES

AI whisperers, fear, Bing AI ads and guns: Was Elon right?

The strategic value of IoT development and data analytics

AI experts call for pause in development of advanced systems

Microsoft Security Copilot is the AI-ssential tool for cybersecurity experts

Data governance 101: Building a strong foundation for your organization

Is ChatGPT plagiarism free?

Dataconomy

COPYRIGHT © DATACONOMY MEDIA GMBH, ALL RIGHTS RESERVED.

  • About
  • Imprint
  • Contact
  • Legal & Privacy
  • Partnership
  • Writers wanted

Follow Us

  • News
  • AI
  • Big Data
  • Machine Learning
  • Trends
    • Blockchain
    • Cybersecurity
    • FinTech
    • Gaming
    • Internet of Things
    • Startups
    • Whitepapers
  • Industry
    • Energy & Environment
    • Finance
    • Healthcare
    • Industrial Goods & Services
    • Marketing & Sales
    • Retail & Consumer
    • Technology & IT
    • Transportation & Logistics
  • Events
  • About
    • About Us
    • Contact
    • Imprint
    • Legal & Privacy
    • Newsletter
    • Partner With Us
    • Writers wanted
No Result
View All Result
Subscribe

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Policy.