Final answer:
To estimate the product of 362 and 7 using rounding, round 362 to 360 and multiply it by 7 to get 2,520, which is a close estimate of the actual product.
Step-by-step explanation:
To use rounding to estimate the product of 362 and 7, you would round 362 to the nearest ten, hundred, or a number that is easy to multiply mentally with 7. In this case, we round 362 to the nearest ten to get 360 because it is easier to multiply.
Then we multiply the rounded number by 7: 360 x 7 = 2,520. This gives us an estimated product.
When using rounding to simplify multiplication, it's important to choose a rounded value that makes the calculation easy but still keeps the estimate close to the actual product.
Since both 360 and 7 are multiples of 10 and 100 respectively, their product will give us a reasonable estimate of the true product of 362 and 7.