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The problem was caused by the index being recalculated thousands of times daily, and always being truncated (rounded down) to 3 decimal places, in such a way that the rounding errors accumulated. Recalculating the index for the same period using rounding to the nearest thousandth rather than truncation corrected the index value from 524.811 up ...
For example, if 14.895 is rounded to 3 significant figures, then the digits after 8 are removed so that it will be 14.9. In financial calculations, a number is often rounded to a given number of places. For example, to two places after the decimal separator for many world currencies. This is done because greater precision is immaterial, and ...
In computing, a roundoff error, [1] also called rounding error, [2] is the difference between the result produced by a given algorithm using exact arithmetic and the result produced by the same algorithm using finite-precision, rounded arithmetic. [3] Rounding errors are due to inexactness in the representation of real numbers and the ...
Here the 'IEEE 754 double value' resulting of the 15 bit figure is 3.330560653658221E-15, which is rounded by Excel for the 'user interface' to 15 digits 3.33056065365822E-15, and then displayed with 30 decimals digits gets one 'fake zero' added, thus the 'binary' and 'decimal' values in the sample are identical only in display, the values ...
For example, the decimal number 123456789 cannot be exactly represented if only eight decimal digits of precision are available (it would be rounded to one of the two straddling representable values, 12345678 × 10 1 or 12345679 × 10 1), the same applies to non-terminating digits (. 5 to be rounded to either .55555555 or .55555556).
3.14159 26535 89793 23846 is π rounded to 20 decimal places 2.71828 18284 59045 23536 is e rounded to 20 decimal places. In some programming languages, it is possible to group the digits in the program's source code to make it easier to read; see Integer literal: Digit separators.
In decimal notation, a number ending in the digit "5" is also considered more round than one ending in another non-zero digit (but less round than any which ends with "0"). [2] [3] For example, the number 25 tends to be seen as more round than 24. Thus someone might say, upon turning 45, that their age is more round than when they turn 44 or 46.
Thus 123.456 is considered an approximation of any real number greater or equal to 1234555 / 10000 and strictly less than 1234565 / 10000 (rounding to 3 decimals), or of any real number greater or equal to 123456 / 1000 and strictly less than 123457 / 1000 (truncation after the 3. decimal). Digits that suggest a ...
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