Mark44 said:
If you take the average of the two rod lengths, you get 42.75 +/- 0.05, which represents a number somewhere between 42.7 and 42.8. As it happens, 42.75 is right smack in the middle of that interval, by there is no justifaction whatsoever for the 5 in the hundredths' place.
I agree with everything you said here except for your last statement.
The fact that the average lies somewhere in the interval 42.7 \le X < 42.8 is
exactly why 42.75 is the best representation of the average. You can show that 42.75 is closer to the actual average approximately 67% of the time.
I included an Excel spreadsheet that simulates this.
If you already have Excel open, close it before opening this document so that recursive settings can be automatically set.
When you open the document, the cursor will be on the yellow box which contains a "1." Change this value to anything other than 1 to allow the program to run. Enter a "1" to reset the counts back to zero.
After changing the number in the yellow box from "1", press "F9" to make the spreadsheet calculate new random values. Hold "F9" down for several seconds or minutes to generate many values and counts.
The top values generate 2 random "measurements" that, when rounded to the nearest 0.1, give 42.5 and 43.0. The actual average of these values is calculated, as is the rounded average (which will be either 42.7 or 42.8), the average of the rounded values (which, of course calculates to 42.75), and the rounded value of this (42.8).
The last three of these averages are compared to the real, actual average by finding the difference between each these averages and the actual average, the lowest of which is highlighted in gray.
After each generation of random values, the appropriate count is incremented showing the number of times each value was closest to the actual average. This is then represented as a percentage.