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by devereaux
2711 days ago
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Yes, I do. In general, I stick to simple things. Enough samples and everything is normal, god bless the law of large numbers. If the precision of your estimation is not a direct function of the standard deviation, but is a "hidden property of the process that obtained" it, we have much bigger problems that losing "valuable information" |
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I think you're confusing different types of error. There is error between measurements and an inherent error to the device you use to measure. There's also a difference between precision and accuracy.
Standard deviation is the difference in multiple measurements. For example if you measure something 10 times to be 51mm, then your standard deviation is 0.
But that doesn't mean you have no error.
The "property of the process that obtained it" is not hidden. A simple case is a ruler. You have lines on the ruler that tell you certain intervals. If the smallest interval on your ruler is 1mm, then all your calculations can be made to +/- 1mm (that is, up to 30.5cm on a standard 12in ruler). There is nothing hidden about this. All that is being said here is that your measuring device is not perfect.
So using the two errors, we have a measurement of 51mm +/- 1mm (or frequently in a short hand you'd just say 51mm). It would in fact be deceptive to say that your measurement was 51.0mm, because that implies that you have more precision than you actually have (implying that you have on the order of +/- 0.1mm precision).