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Round-by-chop: The base-expansion of is truncated after the ()-th digit. This rounding rule is biased because it always moves the result toward zero. Round-to-nearest: () is set to the nearest floating-point number to . When there is a tie, the floating-point number whose last stored digit is even (also, the last digit, in binary form, is equal ...
Stability is a measure of the sensitivity to rounding errors of a given numerical procedure; by contrast, the condition number of a function for a given problem indicates the inherent sensitivity of the function to small perturbations in its input and is independent of the implementation used to solve the problem. [5] [6]
If x is negative, round-down is the same as round-away-from-zero, and round-up is the same as round-toward-zero. In any case, if x is an integer, y is just x . Where many calculations are done in sequence, the choice of rounding method can have a very significant effect on the result.
IEEE 754 requires correct rounding: that is, the rounded result is as if infinitely precise arithmetic was used to compute the value and then rounded (although in implementation only three extra bits are needed to ensure this). There are several different rounding schemes (or rounding modes). Historically, truncation was the typical approach.
Precision is often the source of rounding errors in computation. The number of bits used to store a number will often cause some loss of accuracy. An example would be to store "sin(0.1)" in IEEE single precision floating point standard.
Variable-length arithmetic operations are considerably slower than fixed-length format floating-point instructions. When high performance is not a requirement, but high precision is, variable length arithmetic can prove useful, though the actual accuracy of the result may not be known.
Subtracting nearby numbers in floating-point arithmetic does not always cause catastrophic cancellation, or even any error—by the Sterbenz lemma, if the numbers are close enough the floating-point difference is exact. But cancellation may amplify errors in the inputs that arose from rounding in other floating-point arithmetic.
This effect mostly can be managed by meaningful rounding, which Excel does not apply: It is up to the user. Needless to say, other spreadsheets have similar problems, LibreOffice Calc uses a more aggressive rounding, while gnumeric tries to keep precision and make as well the precision as the 'lack of' visible for the user.