Question

In the year 2010, the average federal refund was $3305. In 2013, the average federal refund was $2803. Round appropriately for the context of the problem.

Answer 1

To round appropriately for the context of the problem, we need to consider the level of precision and accuracy that is required. In this case, since we are dealing with money, it makes sense to round to the nearest dollar. Therefore, we can round $3305 to $3300 and $2803 to $2800. This way, we can compare the average federal refunds in 2010 and 2013 more easily.