To convert the fraction $\frac{5}{2}$ to its equivalent decimal form, you simply divide the numerator (5) by the denominator (2).

$\frac{5}{2} = 2.5$

Since 2.5 is already in decimal form and it is an exact decimal, rounding to the nearest tenth will still give us 2.5.

Therefore, the equivalent decimal of $\frac{5}{2}$, rounded to the nearest tenth, is 2.5.

Would you like any further details or have any questions?

Here are some related questions:

1. What is the decimal equivalent of $\frac{7}{4}$?
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3. What is the process for converting $\frac{11}{3}$ to a decimal?
4. How do you round 3.142 to the nearest tenth?
5. Convert $\frac{13}{5}$ to a decimal and round to the nearest hundredth.
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7. What is the decimal form of $\frac{21}{6}$?
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Tip: When converting a fraction to a decimal, always divide the numerator by the denominator. This method works for all fractions.