{"id":8807,"date":"2019-05-22T16:11:43","date_gmt":"2019-05-22T16:11:43","guid":{"rendered":"http:\/\/www.lancaster.ac.uk\/fas\/psych\/glossary\/precision\/"},"modified":"2019-05-22T16:11:43","modified_gmt":"2019-05-22T16:11:43","slug":"precision","status":"publish","type":"post","link":"https:\/\/www.lancaster.ac.uk\/fas\/psych\/glossary\/precision\/","title":{"rendered":"Precision"},"content":{"rendered":"<p>In statistics, the magnitude of the&nbsp;<a href=\"https:\/\/www.ncbi.nlm.nih.gov\/pmc\/articles\/PMC1255808\/\" target=\"_self\" data-editable-link=\"https:\/\/www.ncbi.nlm.nih.gov\/pmc\/articles\/PMC1255808\/?target=_self\" rel=\"noopener noreferrer\">standard error&nbsp;<\/a>or the associated confidence limits of a statistical estimate such as a mean or a correlation. &nbsp;When the standard error is small, estimates from different samples will be in close agreement, with the opposite also being the case. &nbsp;A distinction is made between prediction and accuracy. &nbsp;In this instance, it is between the reliability and reproducibility (precision) of measurement and how well it approximates a true value. &nbsp;The two measures are not necessarily exclusive as a measurement can be both precise and accurate. &nbsp;Such a contrast is more often referred to as &#8216;bias&#8217; (accuracy) and &#8216;variability&#8217; (prediction).&nbsp;&nbsp; &nbsp; &nbsp;<\/p>\n<p>See <a href=\"effect_size\">Effect size<\/a>, <a href=\"indices_of_efficacy\">Indices of efficacy<\/a>, <a href=\"influence_efficacy\">Influence efficacy<\/a>, <a href=\"odds_ratio\">Odds ratio<\/a>, <a href=\"prediction_and_explanation\">Prediction and explanation<\/a><\/p>\n<p><\/body><\/html><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In statistics, the magnitude of the&nbsp;standard error&nbsp;or the associated confidence limits of a statistical estimate such as a mean or a correlation. &nbsp;When the standard error is small, estimates from different samples will be in close agreement, with the opposite also being the case. &nbsp;A distinction is made between prediction and accuracy. &nbsp;In this instance, &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.lancaster.ac.uk\/fas\/psych\/glossary\/precision\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Precision&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[2],"class_list":["post-8807","post","type-post","status-publish","format-standard","hentry","category-uncategorized","tag-glossary","entry"],"_links":{"self":[{"href":"https:\/\/www.lancaster.ac.uk\/fas\/psych\/glossary\/wp-json\/wp\/v2\/posts\/8807","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.lancaster.ac.uk\/fas\/psych\/glossary\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.lancaster.ac.uk\/fas\/psych\/glossary\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.lancaster.ac.uk\/fas\/psych\/glossary\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.lancaster.ac.uk\/fas\/psych\/glossary\/wp-json\/wp\/v2\/comments?post=8807"}],"version-history":[{"count":0,"href":"https:\/\/www.lancaster.ac.uk\/fas\/psych\/glossary\/wp-json\/wp\/v2\/posts\/8807\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.lancaster.ac.uk\/fas\/psych\/glossary\/wp-json\/wp\/v2\/media?parent=8807"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.lancaster.ac.uk\/fas\/psych\/glossary\/wp-json\/wp\/v2\/categories?post=8807"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.lancaster.ac.uk\/fas\/psych\/glossary\/wp-json\/wp\/v2\/tags?post=8807"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}