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  • True value (Statistical concept; Peer reviews)

Definition: True value

Statistical concept; Peer reviews

Actual population value that would be obtained with perfect measuring instruments and without committing any error of any type, both in collecting the primary data and in carrying out mathematical operations.
Source:
Eurostat, "Assessment of Quality in Statistics: Glossary", Working Group, Luxembourg, October 2003
Created:
2005-02-02
Updated:
2019-05-10

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