When to use which condition number? (which norm)?

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The condition number is used to determine how sensitive b is to changes in A in the equation Ax=b.

The condition number can be measured by the the ratio of max/min singular values. And, it can also be measured by norm(A)*norm(A^-1).

However, I've never found a satisfactory justification for which norm to use. The 2-norm, or the 1-norm?

Thanks.