What is True About Accurate Values?
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5 min read
According to Gartner, businesses lose an average of $12.9 million annually due to poor data quality, a metric that underscores the financial impact of inaccurate values. In science, business, and everyday life, an accurate value is one that correctly reflects the true, real-world state of what is being measured or recorded. It is a foundational component of reliable data and sound decision-making, distinguishing itself from the concept of precision.
