Precision

Precision : A characteristic of Information Quality_ measuring the degree to which data is known to the right level of granularity. For example, a percentage value with two decimal points (00.00%) discriminates to the closest 1/100th of a percent.

[Category=Data Quality ]

Source: Larry English, http://www.iaidq.com/main/glossary.shtml , 06-Feb-2009 08:46

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Precision - A characteristic of data. It means that the data values should be just large enough to support the application or process.

[Category=Data Governance ]

Source: The Data Governance Institute, 19 December 2009 09:25:12, http://www.datagovernance.com/glossary-governance/

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Precision - Data has sufficient detail.

Source: Public Schools of North Carolina, 28 April 2010 09:01:34, http://www.ncpublicschools.org/data/management/glossary/

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Precision - The aspect of measurement that addresses repeatability or consistency when an identical item is measured several times.

[Category=Quality ]

Source: American Society for Quality, 12 October 2010 09:07:32, http://www.asq.org/glossary/

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Precision - Lack of variation in your measurement. Can be measured in terms of the standard deviation of your measurement system. Has nothing to do with accuracy, which is lack of bias. A precise rifle will shoot small groups. An accurate rifle is properly sighted in.

[Category=Data Quality ]

Source: iSixSigma, 11 February 2011 10:58:37, https:web.archive.org/web/20111109014246/http:www.isixsigma.com/index.php?option=com_glossary

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Precision - A measure of mutual agreement among individual measurements of the same property, usually under prescribed similar conditions expressed generally in terms of the standard deviation.

[Category=Quality Assurance ]

Source: Massachusetts Department of Environmental Protection, 24 March 2011 07:36:15, http://www.mass.gov/dep/cleanup/laws/glossa01.htm

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Precision - The closeness of agreement between randomly selected individual measurements or test results. Also see Accuracy.

[Category=Quality ]

Source: The Quality Portal, 17 April 2011 11:41:02, http://thequalityportal.com/glossary/l.htm

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Precision - Data Precision may have different meanings.

In statistics, data precision is about repeatability of measurement.

Data precision is also used to describe the depth of a measure. For example in Information Quality_ it may be a question of precision if 1 meter and 0.997 meters both are accurate values for measuring a given thing.

[Category=Data Quality ]

Stibo Systems, 26 May 2011 08:10:26, http://www.stibosystems.com/US/Resources/Glossary/F.aspx

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precision - Refers to the level of measurement and exactness of description in a GIS database. Precise locational data may measure position to a fraction of a unit. Precise attribute information may specify the characteristics of features in great detail. It is important to realize, however, that precise data - no matter how carefully measured - may be inaccurate. Surveyors may make mistakes or data may be entered into the database incorrectly. Therefore, a distinction is made between precision and accuracy.

[Category=Geospatial ]

Source: Open Geospatial Consortium, 01 July 2011 08:52:22, http://www.opengeospatial.org/ogc/glossary

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precision - 

   (1) [Category=Data Quality ] The closeness of a repeated set of observations of the same quantity to one another. Precision is a measure of the control over random error. For example, assessment of the quality of a surveyor's work is based in part on the precision of their measured values.
   (2) [Category=Data Quality ] The number of significant digits used to store numbers, particularly coordinate values. Precision is important for accurate feature representation, analysis, and mapping.
   (3) [Category=Data Quality ] A statistical measure of repeatability, usually expressed as the variance of repeated measures about the mean.

[Category=Geospatial ]

Source: esri, 15 July 2012 10:12:16, http://support.esri.com/en/knowledgebase/GISDictionary/term/abbreviation