You mean an 'auger bit'. The only requirement is to be sharp.
A Forstner bit drills flat bottom holes.
metal drill bit has a finer point
A titanium or cobalt drill bit.
5/16 hole X 4 inch on a flat bottom hole: This will depend on the material, and tools available. Use a 1/8 bit, then 5/16. If you are not sure how deep the drill bit is in the hole, paint white out on the bit as your 4 inch mark so you can see it while the drill is spinning. If the material is metal, you will need coolant. To get the flat bottom: it wood, put a flat ended bolt into the hole and hammer, it will flatten the hole, it metal, forget about it, the hole is quite flat, and a pain in the butt to change. :-)
The precise shape and angles of a drill bit.
A tungsten coated drill bit.
You need a diamond tipped drill bit to drill glass or tile.
That is a drill bit designed to remove partial drill bits that have broken in a hole
You can drill holes in aluminum with a drill as long as you have the proper drill bit. Use a regular drill bit and keep speed moderate.
You attach a drill bit into the chuck of the drilling machine.
.50196850"
That size is 8-32. The drill bit for a clearance hole is 11/64, or a #17 drill bit.