When quantities with bounds are multiplied or divided, we can calculate the bounds of the result using the extreme values of each range:
Product: \[L_{xy} \approx L_x \cdot L_y, \quad U_{xy} \approx U_x \cdot U_y\] Quotient: \[L_{x/y} \approx \frac{L_x}{U_y}, \quad U_{x/y} \approx \frac{U_x}{L_y}\]
Here, \(L\) stands for lower bound and \(U\) for upper bound of a value.
Use this when:
Bounds of a product or quotient are found by combining the extreme values of the factors. Multiply or divide bounds carefully, and always base your work on the ranges from rounding. This gives maximum and minimum possible results.