Measurements are never exact, so this topic is about units and about how accurate a number is.
When you convert area or volume units, the conversion factor must be squared or cubed. When you estimate, round every number to 1 significant figure and then calculate.
A rounded value hides a range of possible true values, called the error interval. Its ends are the lower bound and the upper bound. For a rounded number they are half a unit below and half a unit above. For a truncated number (digits cut off, not rounded) the true value can only be the same or bigger. In a calculation, choose the bounds that make the answer as big, or as small, as possible.