sure you can, you say “i need a hole with diameter 0.25” ± 0.015625“”. it doesn’t matter that you have more sig figs when you state your precision
but regardless, that’s probably not the precision you care about. there’s a good chance that you actually want something totally different, like 0.25±0.1”. with decimal, it’s exceptionally clear what that means, even for complicated/very small decimals. doing the same thing fractionally has to be written as 1/4±1/10”, meaning you have to figure out what that range of values are (7/20” to 3/20”)