1) The presentation summarized the theory of errors, which is the study of how measured quantities contain errors and how those errors propagate through calculations.
2) There are three main types of errors: mistakes, systematic errors, and accidental errors. Accidental errors follow the laws of probability and tend to be small and symmetrically distributed.
3) The presentation covered concepts like probable error, mean square error, weights, and the method of least squares. It also discussed how to determine probable errors for different types of direct and indirect observations and compute most probable values.