Yes, one ten thousandths (0.0001") of an inch range, four decimals of precision. That's the difference between someone trained by mathematicians and a machinist. My Dad always defaults to a thousandth and goes from there (tenths for him are 0.0001 and tenths for me are 0.1) and it is easier to put the actual decimal onto a drawing I make so I don't have to translate to machinist speak when I ask him to make me a part
If you are boring the "jacket" and it is that much off, then the insert, even if perfectly cylindrical, will be that much off.
Deflection = 24(pi)(Velocity/twist)(Time of Flight)(Center of Gravity Offset)
Twist, Deflection, and Center of Gravity in inches, velocity in FPS, time of flight in seconds. 24 is the correction factor between twist, velocity, and time of flight to get everything in the correct units at the end.
Notice that bullet mass isn't part of this equation, just center of gravity. But this should explain why multiple part bullets don't fare as well accuracy wise as simpler bullet designs. A bullet like a Partition or A-Frame with distinct front and rear heavy areas is very difficult to get good balance across the entire lot of bullets as dies wear unevenly and things get ever more off center, of course for hunting they'll fly true enough to earn their stellar reputation for terminal ballistics.
Monolithic lathe turned brass bullets have been the "record breaking" bullets for ultra long range, and reverse cup match bullets with lead cores have been the winners for long range (the J4 jacket entry into the market shook up the competitive shooting world quite a bit). Getting the jacket uniform is always the hardest part about making a match bullet, if the "heavy core" is out of true, dispersion happens.
Anyways, this is why the slowest possible twist rate with the most balanced bullets at the highest possible velocity are desirable for best accuracy (the 30 BR crowed is running between a 1:16 and 1:18 twist most often). This maximizes V and minimizes ToF, and minimizes the impact of Twist on bullet imbalance.
Sorry for being longwinded, but that is why complex bullet designs involving inserts aren't generally match winners.
Jimro