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Excel maintains 15 figures in its numbers, but they are not always accurate; mathematically, the bottom line should be the same as the top line, in 'fp-math' the step '1 + 1/9000' leads to a rounding up as the first bit of the 14 bit tail '10111000110010' of the mantissa falling off the table when adding 1 is a '1', this up-rounding is not undone when subtracting the 1 again, since there is no ...
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.
There are two common rounding rules, round-by-chop and round-to-nearest. The IEEE standard uses round-to-nearest. 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.
As an example, consider the subtraction . Here, the product notation indicates a binary floating point representation with the exponent of the representation given as a power of two and with the significand given with three bits after the binary point.
For example, to round 1.25 to 2 significant figures: Round half away from zero rounds up to 1.3. This is the default rounding method implied in many disciplines [citation needed] if the required rounding method is not specified. Round half to even, which rounds to the nearest even number. With this method, 1.25 is rounded down to 1.2.
In the mainstream definition, machine epsilon is independent of rounding method, and is defined simply as the difference between 1 and the next larger floating point number. In the formal definition, machine epsilon is dependent on the type of rounding used and is also called unit roundoff, which has the symbol bold Roman u.