Precision bias is a form of cognitive bias in which an evaluator of information commits a logical fallacy as the result of confusing accuracy and precision. More particularly, in assessing the merits of an argument, a measurement, or a report, an observer or assessor falls prey to precision bias when they believe that greater precision implies greater accuracy (i.e., that simply because a statement is precise, it is also true).
Precision bias is a form of cognitive bias in which an evaluator of information commits a logical fallacy as the result of confusing accuracy and precision. More particularly, in assessing the merits of an argument, a measurement, or a report, an observer or assessor falls prey to precision bias when they believe that greater precision implies greater accuracy (i.e., that simply because a statement is precise, it is also true).
Source: Wikipedia "Precision bias" · CC BY-SA 4.0
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