How do you choose what place value to estimate to?
When choosing what place value to estimate to, it is important to consider the level of accuracy needed for a specific situation. Some factors to consider include the level of precision required, the nature of the data being estimated, and the potential impact of errors in the estimation.
For example, if you are estimating the cost of a meal at a restaurant, rounding to the nearest dollar may be sufficient. However, if you are estimating the weight of a construction material or the distance between two points, you may need to round to the nearest hundredth or thousandth for greater accuracy.
In general, it is recommended to estimate to a place value that maintains a balance between precision and practicality. It is important to consider the context and purpose of the estimation to determine the appropriate level of accuracy needed.