• Precision is concordance between
Answer
A number of observed values
B. true value and observed value
C.mean and observed value
number of true values
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Explanation:
B- true value and observation value
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In statistics, the concordance correlation coefficient measures the agreement between two variables, e.g., to evaluate reproducibility or for inter-rater reliability.
PRECISION
Precision is concordance between (B) true value and observed value
KEY POINTERS TO DEFINE PRECISION IN DETAIL:
* The degree of reproducibility or agreement between repeated measurements is referred to as precision.
*The lesser the inaccuracy will be the more measurements you take and the more precise they are.
* Precision, also known as reproducibility or repeatability, refers to the degree to which identical results may be obtained by repeating measurements under the same conditions.
* A measurement system's precision relates to how closely repeated measurements coincide (which are repeated under the same conditions). Measurements can be precise but not accurate, accurate but not precise, or neither.