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When it comes to rounding when the digit after the last digit you keep is 5, how should we do it? I've learned to round down if the previous digit is even, and up if the previous digit is odd, but I'm not sure if that's standard convention. For example, if I only wanted 2 sig figs and the number in question was 1.65, I would round down, but if it was 1.35, I would round up. Is this right?
The only difference between rounding and chemistry rounding is when the last digit is a 5. When you have a number that ends in 5 (ex: 3.65), you round up or down to the nearest even number. In the example, it would be 3.6. However, if you had 4.75, you would round up to 4.8.
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