Bounds are the smallest – the Lower Bound (LB) – and largest – the Upper Bound (UB) – numbers that a rounded number can lie between
How do we find bounds?
The basic rule is “Half Up, Half Down”
More formally:
UPPER BOUND – add on half the degree of accuracy
LOWER BOUND – take off half the degree of accuracy
ERROR INTERVAL: LB ≤ x < UB
Note:It is very tempting to think that the Upper Bound should end in a 9, or 99, etc. but if you look at the Error Interval – LB ≤ x < UB – it does NOT INCLUDE the Upper Bound so all is well