In EF Core 5.0, you can configure the precision and scale using Fluent API. It tells the database provider how much storage is needed for a given column. It only applies to data types where the provider allows the precision and scale to vary - usually just decimal and DateTime.
For decimal properties, precision defines the maximum number of digits needed to express any value the column will contain, and scale defines the maximum number of decimal places needed.
For DateTime properties, precision defines the maximum number of digits needed to express fractions of seconds, and scale is not used.
In the following example, configuring the Score property to have precision 14 and scale 2 will cause a column of type decimal(14,2) to be created on SQL Server, and configuring the LastUpdated property to have precision 3 will cause a column of type datetime2(3).
Entity Framework does not do any validation of precision or scale before passing data to the provider. It is up to the provider or data store to validate as appropriate. For example, when targeting SQL Server, a column of data type datetime does not allow the precision to be set, whereas a datetime2 one can have precision between 0 and 7 inclusive.