Accuracy refers to how close a measured or calculated value is to its true value. For example, if a person's weight is actually 150 pounds, a scale that reads 150 pounds is accurate. On the other hand, if the scale reads 140 pounds, it is not accurate.
Precision refers to how consistent a measurement or calculation is. For example, if a person weighs themselves multiple times on the same scale and gets readings of 149, 150, and 151 pounds, the scale is precise. However, if the readings are 140, 150, and 160 pounds, the scale is not precise.
Another example of precision is a marksman hitting the same spot on a target multiple times, even if it is not the correct spot. Accuracy, in this case, would be hitting the correct spot on the target.