I'm currently learning about relative condition number (K), and how they are considered as well conditioned or ill conditioned.
From my understanding, a large K value represents ill-conditioned, while a small K value represents well-conditioned.
However, is there a range where K can be labeled as large(ill) or small(well)?
For example, $x^3$ would give a value of $K = 3$ and $x^{1/3}$ would give a value of $K = \frac{1}{3}$. But it doesn't give me the idea if K is large or small, hence I am unable to tell if they are well-conditioned or ill-conditioned.
My apologies for the poor formatting as I am still quite new here.