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  What is the Difference Between Precision and Accuracy?
Many vendors of oceanographic instrumentation refer to accuracy and precision interchangeably.  They are not interchangeable.  In effect, accuracy refers to how well a sensor performs against a known third party standard.  For example, a temperature sensor may be +/- 0.001 C, as compared to a Black Stack themistor module.  Precision refers to the repeatability of the readings of a given sensor.   A sensor is precise when it repeatedly provides the same reading, regardless of how accurate that reading is.

A good analogy is a dart board.  The thrower of darts is accurate when he or she is able to reach the target, the bulls-eye.  He or she is precise if, having thrown three darts, all three land in the same location, irrespective of whether or not that location is the bulls-eye.