1. An instrument's performance is characterized by static and dynamic characteristics. Static characteristics like accuracy, sensitivity and linearity do not vary with time, while dynamic characteristics like response speed and lag vary over time.
2. Measurement errors can be gross, systematic or random. Gross errors are due to human mistakes, systematic errors arise from instrument flaws or environment, and random errors occur due to unpredictable changes.
3. Statistical analysis of multiple measurements helps determine the arithmetic mean and uncertainty. Instruments are calibrated against standards to ensure accuracy over their operating lifetime.