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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.
For a number written in scientific notation, this logarithmic rounding scale requires rounding up to the next power of ten when the multiplier is greater than the square root of ten (about 3.162). For example, the nearest order of magnitude for 1.7 × 10 8 is 8, whereas the nearest order of magnitude for 3.7 × 10 8 is 9.
A round number is an integer that ends with one or more "0"s (zero-digit) in a given base. [1] So, 590 is rounder than 592, but 590 is less round than 600. In both technical and informal language, a round number is often interpreted to stand for a value or values near to the nominal value expressed.
[1]: 3 [2]: 10 For example, the number 2469/200 is a floating-point number in base ten with five digits: / = = ⏟ ⏟ ⏞ However, 7716/625 = 12.3456 is not a floating-point number in base ten with five digits—it needs six digits. The nearest floating-point number with only five digits is 12.346.
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. Round-to-nearest: () is set to the nearest floating-point number to . When there ...
Prices are generally rounded to the nearest 10 won (though generally to the nearest 50 or 100 won in many stores apart from supermarkets), and cash payments are rounded to the same. In Ukraine, from 1 October 2019, the 1-, 2- and 5-kopiyka coins were demonetized and withdrawn from circulation, with the 25-kopiyok coin softly withdrawn. From ...