An instrument has been used to measure the length of a part. The result was 6.70052 cm. An error-of-measurement study on the instrument had the following results:
Bias: +0.00254 cm (on the average, the instrument reads 0.00254 cm high).
Repeatability (precision): 0.001016 cm (1s).
Make a statement concerning the true value of the part just measured. State all assumptions needed.
Please do not answer the question with just a number answer, state all assumptions needed and have a word answer please.