Two types of fossil dating
Using these key or index fossils as markers, Smith could identify a particular layer of rock wherever it was exposed.
Because fossils actually record the slow but progressive development of life, scientists use them to identify rocks of the same age throughout the world.
You may find it useful for the clear definitions, and for excellent links on a variety of topic.
However, human beings love to see factual precision, and we want to know how old something is.
Please remember that all dating methods, even those termed "absolute," are subject to margins of error. That is a very small amount of possible error range. Modern studies almost always use two or more methods to confirm dating work and to build confidence in the results obtained.
[ While this may be true, a shrub in Tasmania could be 40,000 years old.
See Oldest Living Organism.] The Sheffield Laboratory now has a continuous master sequence for England going back to about 5000BC. This article should be a "must read" for any person interested in factualy accurate information on dating methods.