Correct Answer - Option 1 : 1, 2 and 3
Precision: The most repeatable value (or) the reproducible value out of the set of records is known as precision. It is the measure of consistency. It gives the closeness of individual measured value to the average of all measured values.
The precision of an instrument does not guarantee accuracy. The precision can be achieved without accuracy. So, it is independent of the realizable correctness of the measurement
An instrument with more significant figures has more precision and hence precision is usually described in terms of number of digits used in the measurement by a digital instrument.