Precision is a statistical measure of the maximum projected difference between the sample estimate and the true but unknown population total and is directly related to
A) Reliability of evidence.
B) Relative risk.
C) Confidence level.
D) Cost benefit analysis.

Question

Quizplus · Accepted Answer

Precision is directly related to the confidence level, which is a statistical measure of the likelihood that the results of a study or experiment are true and accurate. A higher confidence level means a higher degree of precision, indicating that the sample estimate is closer to the true population total. Reliability of evidence, relative risk, and cost-benefit analysis are not directly related to precision.

Precision Is a Statistical Measure of the Maximum Projected Difference