Final answer:
The statement print(format(65.4321, '.2f')) will output the number 65.43, as it formats the number to two decimal places.
Step-by-step explanation:
The statement print(format(65.4321, '.2f')) in a Python program will display the number 65.43. This code is instructing Python to format the number 65.4321 to two decimal places. The '.2f' inside the format function is a format specification, where the '.' means 'point', the '2' specifies the number of decimal places, and the 'f' stands for fixed-point number. As a result, when the code is executed, it rounds the original number to two decimal places and the output shown to the user will be 65.43, because 65.4321 rounded to two decimal places is 65.43. This rounding is part of the formatting functionality provided by Python when dealing with floating-point numbers.