Sorry pauldo, my cell phone pictures are bad enough!

The string "after-length", or
the length of string from the top of the bridge to the point where it is fastened to the tailpiece should be approx. 1/6 of total scale length. So yes, about 7 inches for a 42" scale bass. Some of the 'real' setup guys will take it a step further, and actually tune that length to an octave and a fifth above the open string pitch, or other pitches for a desired effect. If I ever did that, I swear it was a total accident!
Seriously, it does make a noticeable difference, especially if you have a bass with some honks or wolfs to deal with. (one of my basses has both)