Final answer:
To convert 0.00314 to standard scientific notation, move the decimal point three places to the right and express it as the product of 3.14 and 10 raised to the power of -3.
Step-by-step explanation:
Scientific notation is a way of expressing very large or very small numbers in a more compact and convenient form.
To convert 0.00314 to standard scientific notation, we need to move the decimal point three places to the right, resulting in the number 3.14. Next, we can express this number as the product of 3.14 and 10 raised to the power of -3.
Therefore, 0.00314 in standard scientific notation is 3.14 × 10-3.
Scientific notation is particularly useful when dealing with measurements in the realms of astronomy, physics, chemistry, and other scientific disciplines where numbers can vary widely in magnitude. It simplifies the representation of these numbers and makes calculations more manageable.