Definition: True value

Category: 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. http://ec.europa.eu/eurostat/ramon/coded_files/QGLOSSARY 2003.pdf
Source:
Eurostat, "Assessment of Quality in Statistics: Glossary", Working Group, Luxembourg, October 2003
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