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Place Value and Rounding Study Guide TEST DATE: ___Place Value Vocabulary: Word Definition Example Digit Any numeral between 0 and 9 0, 1, 2, 3, 4, 5, 6, 7, 8, 9 Value The worth of a digit in a number
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To fill out place value: 1. Identify the place value of each digit in the number. 2. Write the number in expanded form by multiplying each digit by its place value and adding them together. 3. Write the number in standard form by writing the digits in the appropriate place value slots. To round a number: 1. Determine which place value you want to round to. 2. Look at the digit to the right of that place value. 3. If the digit is 5 or greater, round up by increasing the digit in the place value you are rounding to by 1. 4. If the digit is less than 5, round down by keeping the digit in the place value you are rounding to the same.
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Who needs place value and rounding?

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People who work with numbers such as mathematicians, statisticians, engineers, accountants, and financial analysts need to understand and use place value and rounding.
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What is Place Value and Rounding Study Guide TEST DATE Form?

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Place value refers to the value of a digit in a number based on its position, while rounding is the process of adjusting the digits of a number to make it simpler or easier to work with, typically to the nearest whole number or specified decimal place.
Individuals and organizations that report numerical data or financial information typically need to file place value and rounding, especially in tax and accounting contexts.
To fill out place value and rounding, individuals should identify the place value of each digit in the number, determine the rounding rule (up or down), and write the rounded number accordingly.
The purpose of place value is to convey the magnitude of numbers based on their positions, while rounding simplifies calculations and data presentation, making it more manageable and understandable.
The information typically reported includes the original numbers, the rounded values, and indications of the rounding method used, such as whether it was to the nearest whole number or decimal place.
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