Web Reference: The DOUBLE PRECISION data type is a floating-point number with binary precision 126. The REAL data type is a floating-point number with a binary precision of 63, or 18 decimal. This tutorial introduces you to Oracle NUMBER data type and shows you how to use it to define numeric columns for a table. The NUMBER data type stores zero as well as positive and negative fixed numbers with absolute values from 1.0 x 10-130 to (but not including) 1.0 x 10126. If you specify an arithmetic expression whose value has an absolute value greater than or equal to 1.0 x 10126, then Oracle returns an error.
YouTube Excerpt: Numeric data types
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