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Balanced Scorecard Metrics – Accuracy vs. Precision

Posted January 4, 2012 10:49 AM by Ted Jackson

I was reading an ExtremeTech article today titled "Lies, damned lies, and benchmarks." The article was about measuring performance in mobile phones, which isn't all that interesting to me, but I started thinking about some of the concepts in the article and how they related to the Balanced Scorecard. The author, Joel Hruska, threw in a chart about Accuracy vs Precision that I thought was particularly relevant.

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