| Places | Ones | Tenths | Hundredths | Thousandths | Ten Thousandths | Hundred Thousandths | Millionths | |
|---|---|---|---|---|---|---|---|---|
| 1 | ||||||||
| Number | 0 | . | 4 | 9 | 2 | 3 | 0 | 7 |
| Rounded Number | 0 | . | 5 |
- 4 is in the tenths place and 9 is in the hundredths place
- Since the digit in the hundredths place (9) is greater than or equal to 5, add 1 to the digit in the tenths place (4)
- 1 + 4 = 5, so the digit in the tenths place becomes 5
- The digits to the right of the tenths place are dropped
- 0.492307 rounded to the nearest tenth (one decimal place) = 0.5
