Fractions can represent certain values more accurately than decimals, such as one-third (1/3) compared to its decimal equivalent (0.33). However, the decimal system is preferred for practical reasons, particularly in addition and subtraction, which are simpler with decimals. Additionally, many numbers, like pi (π), cannot be expressed as fractions. Using fractions can imply an infinite accuracy that is often impractical in real-life applications. Decimals also convey the precision of a measurement, indicating that 0.3 is less accurate than 0.33, making them a more useful tool for representing numerical values in various contexts.