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Sep 8, 2017 at 13:39 comment added timur I think the relative error is some kind of natural distance corresponding to the multiplicative structure. What puzzles me is why this is important in almost every situation.
Sep 8, 2017 at 13:30 comment added Federico Poloni Well, relative error is what gives you "order of magnitude" or "only the X most significant digits" information. What you want to do with it depends on your application, but it is a very natural thing to care about. If Ug the caveman has a certain number of sheep, he wants to know if there's 8-12 of them or 80-120 or 800-1200, not other information such as (say) if that number is a multiple of 17.
Sep 8, 2017 at 13:16 comment added timur Thanks a lot for your answer! Can we justify somehow that the relative error is what we need to care? I apologize if this question is too naive.
Sep 8, 2017 at 13:06 history answered Federico Poloni CC BY-SA 3.0