Difference between Policy, Processes and Procedure

To put it very simply:
Policy = What to do
Processes = How to do it
Procedures = Steps to follow while doing it

Here’s a supplemental resource to elaborate their differences:

What's the difference between a policy, process and procedure? » The ultimate definition » beSlick

https://beslick.com/difference-between-policy-process-procedure/

Seems like a simple question right? Discover the ultimate definition of a policy, process and procedure, the rules by which we run our businesses.

MT 14 – AA
Personal Understanding of Accuracy and Precision

Accuracy would mean how close your result is to how it really should be while Precision would mean how many times you are able to get close results. The farther you are away from the real, true result, then your results are inaccurate. The farther your results are from each other, then your results are imprecise.

Accuracy can be obtained once or for each result you generate. On the other hand, you need more than one result to obtain precision, hence why repeatability is associated with the term.

Examples from our AnaChem Lab class last semester:
Accuracy — recording an endpoint close to the true equivalence point

Precision — recording endpoints that have close values to each other

An inside look of the work of a quality control analyst in the lab:

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https://vt.tiktok.com/ZS8XX1b1V/

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Here is a TED-Ed video on the discussion regarding Accuracy vs Precision: https://youtu.be/hRAFPdDppzs

Accuracy vs Precision

Accuracy refers to how close a measurement is to the true or actual value. It is a measure of the correctness of the measurement. For example, if a measurement is accurate, it means that it is very close to the actual value that it is supposed to represent.

Precision, on the other hand, refers to the level of consistency or reproducibility of a measurement. It is a measure of how well a measurement can be repeated or replicated. For example, if a measurement is precise, it means that it produces similar results every time it is repeated.

To put it simply, accuracy is about getting the right answer, while precision is about getting the same answer every time.