Eccentricity is a measure that defines the shape of a conic section. It is denoted by \( e \) and determines how "stretched" a conic is. It's a vital component in identifying the type of conic section you're working with:
- If \( e = 0 \), the conic is a circle.
- If \( 0 < e < 1 \), the conic is an ellipse.
- If \( e = 1 \), it is a parabola.
- If \( e > 1 \), the conic is a hyperbola.
In the given problem, the eccentricity \( e = \frac{1}{5} \) indicates an ellipse since it is between 0 and 1. This means the conic section will be oval-shaped, and all points on it maintain a constant ratio of distances to a particular line (the directrix) and the focus. The choice of \( e \) directly affects the steepness and shape of the ellipse, dictating how round or elongated it is.