Final answer:
The dimension of color that orders stimuli from dim to bright, correlated with luminance, is known as 'value'. Value scales from pure black (minimum brightness) to pure white (maximum brightness), representing the range of perceived luminosity in color.
Step-by-step explanation:
The dimension of color correlated with luminance and that orders stimuli continuously from very dim to very bright is known as value. Pure white is at the maximum brightness level of this scale, displaying the highest luminous intensity or brightness, while pure black represents the minimum brightness. This concept relates to how we perceive the relative lightness or darkness of colors in various lighting conditions, ensuring color constancy. For instance, a white tablecloth will appear white to us under different types of light thanks to our eye-brain color-sensing system. Additionally, the standard unit of intensity of light, the candela, ties into how we quantify this aspect of light and color.