I'm taking an FE exam prep class, and the instructor has made what I think is a significant (and possibly inaccurate) statement: He has stated that you should always round your answers up on the exam, if the exact answer is not given as a choice, or if materials such as the charts in the economics section of the handbook don't given an exact number.
Now, I wouldn't have any problem with that, if:
1. I could find any confirmation at all from any other source that such practice is expected on the exam.
2. Nearly 50% of all questions on the exam end with "is nearest to: (A, B, C, or D)"
3. The instructor was consistent in his rounding practice with answers given in the book. He is not: On at least one out of twenty questions we reviewed the other night, he made the assertion that the practice problem answer in the book/key he was using was wrong due to a rounding error where he rounded up and the authors did not...the exact answer given by the formula used was closer to the answer the authors chose.
4. The instructor was consistent with himself: He has provided several seemingly arbitrary rules for when to "always" round up and when the rule doesn't apply, and may little attempt to clarify.
Anyway, I think this is all bunk, and before I drive myself crazy I wanted to get you guys'/gals' take on the matter. In my mind, if the question ends with "is closest to: (A, B, C, or D)", then I'm going to round to the nearest value in the possible answers given, unless the problem is illustrating some case where you would logically round up (such as selecting a piece of equipment from a set with given specific tolerances, given an expected operational extreme).
Now, I wouldn't have any problem with that, if:
1. I could find any confirmation at all from any other source that such practice is expected on the exam.
2. Nearly 50% of all questions on the exam end with "is nearest to: (A, B, C, or D)"
3. The instructor was consistent in his rounding practice with answers given in the book. He is not: On at least one out of twenty questions we reviewed the other night, he made the assertion that the practice problem answer in the book/key he was using was wrong due to a rounding error where he rounded up and the authors did not...the exact answer given by the formula used was closer to the answer the authors chose.
4. The instructor was consistent with himself: He has provided several seemingly arbitrary rules for when to "always" round up and when the rule doesn't apply, and may little attempt to clarify.
Anyway, I think this is all bunk, and before I drive myself crazy I wanted to get you guys'/gals' take on the matter. In my mind, if the question ends with "is closest to: (A, B, C, or D)", then I'm going to round to the nearest value in the possible answers given, unless the problem is illustrating some case where you would logically round up (such as selecting a piece of equipment from a set with given specific tolerances, given an expected operational extreme).
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