People often have questions involving rounding, especially when
'throwing' away a 5 or 5 followed by zeros. Hopefully this will help.
The question is what to do when you have a number such as 1.85 and
you need to round to the tenth’s place (first decimal place). This
number is exactly halfway between 1.8 and 1.9. Why should one
always round up in such cases? Actually you shouldn’t. If you do
this for several numbers and then use them for something else your
results will be skewed high. Instead we need a rule that will result
in rounding up half the time and rounding down half the time (when
you are doing this to lots of results). How should this be handled?
It depends on whether the last number you are keeping is even or odd.
When you discard an exact 5 or 5 followed by nothing but zeros
two different things can happen to the last digit you KEEP:
1) If the number you are keeping is even you leave it alone and
just get rid of the 5 you are throwing away (round down).
2) If the number you are keeping is odd you round it up (to an
even number).
The easiest way to remember this is the last digit KEPT is
ROUNDED EVEN
Let's say each of the following is rounded to 2 sig fig.
1.45 => 1.4 (discard the 5 and round even - rounding
down in this case)
1.55 => 1.6 (discard the 5 and round even - rounding
up in this case)
1.6500 => 1.6 (discard the 500 and round even - rounding
down in this case)