Non isotopic dating
If a sample age falls after 1950, it is termed greater than Modern, or Where Aabs is the absolute international standard activity, 1/8267 is the lifetime based on the new half life (5730 yr), Y = the year of measurement of the appropriate standard.
You can get an idea of the relationship between C14 and age at the Carbon Dating calculator page. 1950 was chosen for no particular reason other than to honour the publication of the first radiocarbon dates calculated in December 1949 (Taylor, 19).
Standard errors released with each radiocarbon assay (see below) are usually rounded by convention (Stuiver and Polach, 1977).
Again, not all laboratories subscibe to these conventions, some do not round up ages.
Beukens (1994) for instance has stated that this means the limit of the range for his Isotrace laboratory is 60 000 yr which is very similar to the conventional range.
Figure 1: This gif shows the comparison in radioactivity between a sample, or unknown (green area) , a modern standard (dark blue) and a background (small red peaks) derived from beta decay. A radiocarbon measurement, termed a conventional radiocarbon age (or CRA) is obtained using a set of parameters outlined by Stuiver and Polach (1977), in the journal Radiocarbon.