This document discusses numerical approximation and related concepts in computational methods. It defines numerical approximation as a number that represents an exact value. Numerical solutions are not exact but the goal is to get very close to the real solution. It also discusses significant figures, which designate the reliable digits of a numerical value. Accuracy and precision are distinguished, where errors can originate from approximations used to represent mathematical operations and numbers with limited significant figures. Relative error and true percent relative error are introduced as ways to account for the magnitudes of quantities being evaluated. Round-off errors from retaining a finite number of significant figures in computers are also mentioned.