The accuracy indicates how close to the actual temperature a reading is. The smaller the number, the better the device.
The difference between accuracy and resolution can be seen in this simple analogy.Two men have a watch. One watch shows the hours, minutes and seconds. It has a resolution of 1 second. The other watch only has hours and minutes. It has a resolution of 1 minute. The first man sets his watch once a month and can be up to 5 minutes fast or slow. It has an accuracy of +/- 5 minutes. The second man sets his watch daily and has an accuracy of 1 minute.
In this example, the first man could state the time as "1:34 PM and 23 seconds" but could be up to 5 minutes out. His answer is specific (good resolution) but inaccurate. The second man can only say the time is "1:36 PM" but will be within one minute of the time. His answer has a lower resolution but is more accurate.