That's a big can'o'worms potentially.
In this case I simply wanted "better" than my old one, so chose the next best precision value available (0.05% instead of 0.1%).
You can calculate "circuit precision" from the datasheet values in theory, but in practice I test to a tighter spec than what the datasheet says.
But then you have the whole issue of metrology and calibration, drift, aging, temperature etc.
It would be a video where it would be guaranteed I would:
a) do something different to "how it should be done" and hence the complaints
and
b) brush over many areas for the sake of simplicity leading to more complaints!
In a word, from a blog video point of view, I think it's pretty a pretty "messy" topic.
But I agree it's an interesting topic.