Characterizing the data involves understanding aspects such as precision and overall consistency of measurements. Precision refers to how close multiple measurements are to each other, regardless of how close they are to the actual value. In our analysis of three measures: 2.5, 2.5, and 2.6, we see a very small difference among them—specifically, a difference of only 0.1 miles.
- This means the measurements are precise.
It's important to note that data can be precise without being accurate. Precision shows consistency, but not correctness. For data characterization, both accuracy and precision are needed to fully understand the quality of dataset. In our exercise, while precision is high (consistent measurements), accuracy is low (measurements are far from the actual value). By performing data characterization, one can inform better strategies for data collection and methodology adjustments.