Concept:
In statistics and measurement theory, "precision" refers to the consistency or repeatability of measurements. It is inversely related to the spread of the data, which is represented by the standard deviation ($\sigma$).
Step 1: Defining Precision mathematically.
Precision is defined as the reciprocal of the measure of dispersion. In the context of the normal distribution, the precision parameter $h$ is expressed in terms of the standard deviation $\sigma$.
Step 2: Relating Standard Deviation to Precision.
The formula for the precision of a normal distribution is:
\[
h = \frac{1}{\sigma \sqrt{2}}
\]
This indicates that as the standard deviation increases (more spread/less consistency), the precision decreases. Conversely, a small standard deviation results in high precision.
Step 3: Conclusion.
Comparing the standard mathematical definition of precision to the options provided, Option (2) correctly identifies $\frac{1}{\sqrt{2} \times \sigma}$ as the notation.