Computers store and process data in binary, using only the digits 0 and 1. A single byte of data, however, needs eight binary digits to represent it, for example \( 11111111_2 \). Long strings of 0s and 1s are difficult for a person to read, copy, or check for mistakes, because it is easy to lose count of digits or mistake one string of digits for another.
Hexadecimal (base 16) groups binary digits into sets of four, so a full byte such as \( 11111111_2 \) can be written compactly as \( \mathrm{FF}_{16} \). Because each hexadecimal digit represents exactly four binary digits, converting between the two systems is direct, but the hexadecimal form is far shorter and much easier for a human to read, write, and remember. This is why programmers use hexadecimal for things like memory addresses and colour codes instead of writing out the full binary value.
Hexadecimal is not "more precise" than binary and does not carry more information; both systems represent exactly the same values, just with different digit groupings. The genuine advantage is purely one of readability and convenience for people working with the underlying binary data.
Examination reminder: hexadecimal exists to make binary data manageable for humans, not to change the accuracy of the value being represented.