A length estimate of a Boeing 747 airliner between 10 meters and 100 meters is an example of:

Prepare for the Factor Analysis of Information Risk Test. Improve your skills with flashcards and multiple choice questions, complete with hints and explanations. Ace your exam with confidence!

In this scenario, the estimate of the length of a Boeing 747 falling between 10 meters and 100 meters is an example of being accurate but not precise. Accuracy refers to how close a measured value is to the actual (true) value. In this case, the actual length of a Boeing 747 is roughly 70-75 meters, so an estimate that ranges between 10 and 100 meters can still capture the true value, indicating a level of accuracy.

However, the range provided is quite broad and lacks precision. Precision relates to the closeness of repeated measurements to each other. The wide estimate means that the measurements are not tightly grouped; they could vary significantly without providing a specific value. Therefore, while the range could include the true length, it is not precise, resulting in the classification of the estimate as accurate but not precise. This distinction is important in assessing risk and making decisions based on estimates, as it highlights the difference between encompassing the true value and having a reliable, consistent measurement.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy