What is precision?

Precision is how exact or detailed a measurement, calculation, or data value is. In technology it usually means the number of digits (or bits) used to represent a number, or how consistently a device can repeat the same measurement.

Let's break it down

Think of a ruler that shows centimeters versus one that shows millimeters. The millimeter ruler is more precise because it can tell you smaller differences. In computers, a number stored with 2 decimal places (e.g., 3.14) is less precise than one stored with 5 decimal places (e.g., 3.14159). For binary data, using 8 bits (a byte) gives less precision than using 32 bits, because more bits can represent more distinct values.

Why does it matter?

Higher precision reduces rounding errors, which can add up in long calculations. It also lets you capture subtle differences that matter in fields like science, engineering, graphics, and finance. On the flip side, using more precision requires more memory and can slow down processing, so you need the right balance.

Where is it used?

  • Scientific simulations (climate models, physics calculations)
  • Computer graphics and 3D rendering
  • Machine learning models that need accurate weight values
  • Financial software handling currency to many decimal places
  • Sensors and GPS devices that report location with fine detail
  • Databases that store measurements, timestamps, or monetary amounts

Good things about it

  • More accurate results and less cumulative error
  • Ability to represent very small or very large numbers
  • Better quality in images, audio, and video processing
  • Greater confidence in critical applications like medical devices or aerospace

Not-so-good things

  • Consumes more storage space (more bits per number)
  • Can make calculations slower, especially on low‑power devices
  • May introduce unnecessary detail when the extra precision isn’t needed, leading to wasted resources
  • Higher precision can sometimes cause overflow or underflow if the range isn’t handled properly.