If you understand
If you understand
Lemme' try to 'splain, in normal size font. I leave too much out.
I figure as long as you're taking the trouble to measure a voltage, you should also try to find out its series impedance. It's not that much more trouble.
If the impedance is, let's say, 200 milliohms or less, it's a valid, "stiff", voltage source. A 10 A load can verify this, or even a 1 A load if you have a 4-1/2 digit DVM.
If it is a capacitively induced voltage from a floating Romex conductor, the reading you get will depend very much on the input impedance of your meter, so different meters may give different readings. Let's say the capacitance is 5 nF, giving a reactance of 500 kohms in series with 120 v.
E.g., for the floating conductor in a 3 way switch setup, 70v on a DVM gave me 10v on a 1000 ohms/volt voltmeter, depending on what scale I had this cheapie meter on. This makes troubleshooting pretty interesting. A 4 w bulb or a 10 A load can verify this situation.
Also, if the line is in series with another load, say several lamps or a cooktop, it will also make things confusing if you believe it is a stiff voltage source because the 120 will drop excessively depending on the load. It's the same effect as a high resistance neutral connection at the panel.
A 10 A, or more, load can probably verify this, also.
The fluke meter referred to has an input current of <5 mA, so I don't know what it will read with a floating conductor.
This method finds the Thevenin equivalent impedance. This impedance is the difference between a lead acid car battery (~40 milliohms) and a car battery made from 8 AAA cells in series. The open circuit voltage is the same 12v but this second battery cannot support a starter motor load, and probably not even a headlight load.
That's also why, with a loose battery connection the lights go out when you try to crank the car. Headlights are ~6 amps, the starter motor is 200A (400A locked rotor with 4v applied).
If the loose or corroded battery connection has 0.1 ohm resistance, the headlights still get ~11.4 v, but the starter motor only gets ~0.8v.