What is the value of pi rounded to two decimal places?

The value of pi, a fundamental constant in mathematics representing the ratio of a circle's circumference to its diameter, is approximately 3.14159. When rounding this value to two decimal places, one looks at the third decimal place to determine whether to round up or stay the same. In this case, the digit in the third position is a 1, which means we do not round up. Thus, rounding pi to two decimal places gives us 3.14, making this the correct choice. This rounded value is commonly used in various mathematical calculations involving circles and is a standard approximation for pi in both educational settings and practical applications.