width not displaying correct value?

i'm new, creating a stencil, and this is 1 of a few parts.  so this will piece/project/object will be placed over a grid (the grid is holding pennies (3/4" coins) in place) - and the grid will have a raised frame to hold this stencil piece in place.

so... if you see in the pic below - i'm using this piece across the top to make sure i'm on track w my measurements.  but the width of this selected object is "0.73" but then you can see in the workspace that it's really 3.714" long.  can anyone tell me what's up with that?


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