Round \( 5.34 \) to the nearest tenth.

To round \( 5.34 \) to the nearest tenth, look at the digit in the hundredths place, which is \( 4 \). Since \( 4 \) is less than \( 5 \), you keep the tenths place as it is, making it \( 5.3 \). So, \( 5.34 \) rounded to the nearest tenth is \( 5.3 \). Another fun fact is that rounding is not just confined to simple numbers. In finance, for instance, rounding can be crucial in reporting figures accurately, such as when dealing with budgets or accounting. A small rounding error can lead to significant discrepancies over time!