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  2. Kahan summation algorithm - Wikipedia

    en.wikipedia.org/wiki/Kahan_summation_algorithm

    The exact result is 10005.85987, which rounds to 10005.9. With a plain summation, each incoming value would be aligned with sum, and many low-order digits would be lost (by truncation or rounding). The first result, after rounding, would be 10003.1. The second result would be 10005.81828 before rounding and 10005.8 after rounding. This is not ...

  3. Randomized rounding - Wikipedia

    en.wikipedia.org/wiki/Randomized_rounding

    This will ensure that the cost of the integer solution is not much larger than the cost of the optimal integer solution. The main technique used to do the third step (rounding) is to use randomization, and then to use probabilistic arguments to bound the increase in cost due to the rounding (following the probabilistic method from combinatorics ...

  4. Machine epsilon - Wikipedia

    en.wikipedia.org/wiki/Machine_epsilon

    This alternative definition is significantly more widespread: machine epsilon is the difference between 1 and the next larger floating point number.This definition is used in language constants in Ada, C, C++, Fortran, MATLAB, Mathematica, Octave, Pascal, Python and Rust etc., and defined in textbooks like «Numerical Recipes» by Press et al.

  5. Rounding - Wikipedia

    en.wikipedia.org/wiki/Rounding

    This variant of the round-to-nearest method is also called convergent rounding, statistician's rounding, Dutch rounding, Gaussian rounding, odd–even rounding, [6] or bankers' rounding. [ 7 ] This is the default rounding mode used in IEEE 754 operations for results in binary floating-point formats.

  6. Floating-point arithmetic - Wikipedia

    en.wikipedia.org/wiki/Floating-point_arithmetic

    There are several different rounding schemes (or rounding modes). Historically, truncation was the typical approach. Since the introduction of IEEE 754, the default method (round to nearest, ties to even, sometimes called Banker's Rounding) is more commonly used. This method rounds the ideal (infinitely precise) result of an arithmetic ...

  7. Reduced cost - Wikipedia

    en.wikipedia.org/wiki/Reduced_cost

    It is the cost for increasing a variable by a small amount, i.e., the first derivative from a certain point on the polyhedron that constrains the problem. When the point is a vertex in the polyhedron, the variable with the most extreme cost, negatively for minimization and positively maximization, is sometimes referred to as the steepest edge.

  8. Average cost method - Wikipedia

    en.wikipedia.org/wiki/Average_cost_method

    The average cost is computed by dividing the total cost of goods available for sale by the total units available for sale. This gives a weighted-average unit cost that is applied to the units in the ending inventory. There are two commonly used average cost methods: Simple weighted-average cost method and perpetual weighted-average cost method. [2]

  9. Mathematics of apportionment - Wikipedia

    en.wikipedia.org/wiki/Mathematics_of_apportionment

    Mathematically, an apportionment method is just a method of rounding real numbers to natural numbers. Despite the simplicity of this problem, every method of rounding suffers one or more paradoxes, as proven by the Balinski–Young theorem. The mathematical theory of apportionment identifies what properties can be expected from an apportionment ...