What does a measurement's precision indicate?

A measurement's precision indicates the consistency of multiple measurements. Precision refers to how closely repeated measurements of the same quantity agree with each other. If measurements yield similar results when taken under the same conditions, they are considered precise. This characteristic is crucial in fields requiring reliable data, as it implies that the measurement procedure is consistent.

While accuracy refers to how close a measurement is to the true or target value, precision does not guarantee accuracy. A measurement can be precise (providing closely grouped results) but still not accurate if those results are far from the true value. Therefore, precision is specifically about the reliability and repeatability of measurements rather than their closeness to an actual value or overall accuracy.