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Default significant digits

Is there a format available to display significant digits? If you have the
following data:
0.99
1.0
1.1
1.11
is there a format you can use to display say 2 significant digits for the
entire data set? Two significant digit display would be:
1.0
1.0
1.1
1.1

Is there a formula that will use only X significant digits in the calculation?

We are required to report to regulatory agencies using significant digits
rather than decimal places.
Thanks!
 
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