No. 49.33L describes measurements down to hundredths of a liter. 18ml describes measurements down to thousandths.
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44.49 is more precise than 44.5 but less precise than 44.491 - The larger a number becomes the more precise it is.
Yes.
The smallest one - but it makes sense only if you have means of measuring to that precision. Also, more precise is not the same as more appropriate. For example, a micrometre is more precise than a kilometre (by a factor of one billion) but if it makes no sense at all to measure the distance between two cities in micrometres! Or, a microgram is more precise than a kilogram (again by a factor of a billion), but it makes no sense to measure my mass in micrograms. My mass will increase by more than that after I've had a mug of coffee!
In and of themselves, 1/4 and 1/6 are equally precise. Used as units of measurement, distances measured to 1/6 of an inch are more precise than to 1/4 of an inch.
You need to be a bit more precise in your question about such numbers.