In quantum phase estimation we often see that approximating $\phi$ ito an accuracy of $2^{-n}$. Can anybody explain what is the meaning of that?
Does that mean after decimal we can only believe the n values? So if n=4, we can think of it as $0.1234567$ only the 4 values are correct. So we should consider $0.1234$.
I am asking this question because we face this situation when applying the phase estimation algorithm.