When a value is rounded, the original "exact" value is presumed to be within 1/2 of the value of one least-significant unit of the rounded number.
<h3>Application</h3>
A rounded value of 2.18 has a least-significant digit with a place value of 0.01 units. Half that value is the "margin of error". That is, the range of numbers that would be rounded to 2.18 is ...
If you make 42,500 and your spouse makes 37750, then using the 20% to 25% range, the least and the greatest amount you should spend on housing is $50,00. The correct answer to the following given statement above is 50 dollars.
