- Determine the two consecutive multiples of 1,000 that bracket 48,163
- 48,163 is between 48,000 and 49,000
- 48,500 is the midpoint between 48,000 and 49,000
- As illustrated on the number line, 48,163 is less than the midpoint (48,500)
- Therefore, 48,163 rounded to the nearest thousand = 48,000
