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With some exceptions regarding erroneous values, infinities, and denormalized numbers, Excel calculates in double-precision floating-point format from the IEEE 754 specification [1] (besides numbers, Excel uses a few other data types [2]). Although Excel allows display of up to 30 decimal places, its precision for any specific number is no more ...
[nb 2] For instance rounding 9.46 to one decimal gives 9.5, and then 10 when rounding to integer using rounding half to even, but would give 9 when rounded to integer directly. Borman and Chatfield [15] discuss the implications of double rounding when comparing data rounded to one decimal place to specification limits expressed using integers.
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.
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.
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.
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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.