Chapter 1: Problem 45
Suppose you have submitted a report that contains calculations in which you have rounded the answers according to the rules given in this chapter. Jones, your company rival, has sharply attacked your work, calling it "inaccurate" because you did not keep enough digits, and your boss seems to agree. Write a memo to your boss defending your rounding practices. Point out why it is misleading to retain too many digits. Do not write more than one page. You may use numerical examples to prove your point.
Short Answer
Step by step solution
Key Concepts
These are the key concepts you need to understand to accurately answer the question.