The statement that a clock that is set fifteen minutes fast is less precise than an identical clock that keeps correct time is false
When a time is set away from the correct time, the time on the clock would be incorrect.
However, this has nothing to do with the precision of the clock.
This is so because precision deals with closeness of the time measurement to the original time
Since the time is ten minutes fast, it would not be less precise
Hence, the statement is false
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