vault backup: 2023-12-12 14:23:14
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## Chance error
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Chance errors *change from measurement to measurement but average out over time*. There is no way to remove all chance errors from a measuring process. An example of chance error would be starting a stopwatch then attempting to stop it at exactly 5 seconds, then repeating. The times will vary, but each measurement will vary in a different way.
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- Chance error is how much an individual measurement varies from the exact value. It can be positive or negative.
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- The standard deviation of repeated measurements gives us the expected size of a chance error
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```
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individual measurement = exact value + chance error
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```
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# Terminology
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| Term | Definition |
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| -- | -- |
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| Best Guess | Average/Mean |
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| Off by how much | standard deviation |
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