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Accuracy is how "correct" your answer is.

Precision is how "close" your answer is.

If you were to measure the amount of water your cup can hold:

An example of accuracy would be rounding numbers to significant figures.

Since there are uncertainties in the measurements you take, it would be more correct to use significant figures.

An example of precision would be the use of decimal places.

Although by using maths you can calculate the exact volume of the cup and give it correct to any number of decimal places, in reality, this is not always the case.

You can be precise without being accurate. In the above example, you can give a number with lots of decimal places, but it can be way off the actual answer.

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