- Determine the two consecutive multiples of 1,000 that bracket 312,762
- 312,762 is between 312,000 and 313,000
- 312,500 is the midpoint between 312,000 and 313,000
- As illustrated on the number line, 312,762 is greater than the midpoint (312,500)
- Therefore, 312,762 rounded to the nearest thousand = 313,000
