The Hubble constant is given as 74.2 ± 3.6 (km/s)/Mpc, indicating that the true value lies between 70.6 and 77.8 km/s/Mpc. The "±" symbol represents the error bounds, which account for measurement uncertainties due to methods and instrumentation. Every measured quantity has associated error margins, similar to how a ruler's smallest division affects precision. For instance, a measurement of 10 cm could have an error of ±0.05 cm. Understanding these error bounds is crucial for interpreting scientific data accurately.