Real Versus Nominal Value
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High Quality Content by WIKIPEDIA articles! The distinction between real value and nominal value occurs in many fields. From a philosophical viewpoint, nominal value represents an accepted condition which is a goal or an approximation as opposed to the real value, which always is actually present. Often a "nominal" value is a de facto standard rather than a typical or average measurement. When measurement is involved, the real value often has the characteristics of an irrational number. In real-world measuring situations, improving the measurement technique will eventually begin yielding…mehr

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High Quality Content by WIKIPEDIA articles! The distinction between real value and nominal value occurs in many fields. From a philosophical viewpoint, nominal value represents an accepted condition which is a goal or an approximation as opposed to the real value, which always is actually present. Often a "nominal" value is a de facto standard rather than a typical or average measurement. When measurement is involved, the real value often has the characteristics of an irrational number. In real-world measuring situations, improving the measurement technique will eventually begin yielding unpredictable least significant digits. For example, a 1 inch long gauge block will measure to be exactly 1 inch long until the measuring techniques reach a certain degree of precision