What Do Chord Inversion Numerals Mean? | TWO MINUTE MUSIC THEORY #72

The video tutorial explains the logical system behind chord intervals, focusing on root position, first inversion, and second inversion chords. It also covers seventh chords and their inversions, emphasizing the importance of understanding the intervals between notes. The tutorial highlights the concept of implied intervals and the rule of least information to simplify chord notation.

What is the significance of the 'rule of least information' when labeling chords?

Describe the intervals present in a third inversion seventh chord.