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Thread: help explaining unrounding concepts

  1. #1
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    help explaining unrounding concepts

    We have some people trying to report four places to the right of the decimal with inputs that rounded to 2 and 3 decimal places. Can you please articulate why it is impossible to guarantee four decimal precision? I have been unsuccessful in my attempts and am looking for help from someone with a formal math background. Many thanks in advance.
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    Re: help explaining unrounding concepts

    You can see why with a simple numerical example:

    Suppose you have the two numbers 0.2549 and 0.8349 which could be rounded to 2 decimal places as 0.25 and 0.83 respectively.

    0.2549 x 0.8349 = 0.2128 (correct to 4 decimal places)

    However if the rounded values are inputted: 0.25 x 0.83 = 0.2075, so its not precise.
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    Re: help explaining unrounding concepts

    Thanks for the reply. If I may ask a follow-up, say the inputs being multiplied have different number of places

    0.23 / 0.834 = 0.275779376498801

    Given the inputs, do you feel it is more appropriate to report 0.28 or 0.278?
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    Re: help explaining unrounding concepts

    I don't think there's any hard and fast rule about this. I'd go with 3 dps if the input numbers are exact, probably 2 dps if the inputs are rounded.
    (BTW 0.276 not 0.278)
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    Re: help explaining unrounding concepts

    Quote Originally Posted by Debsta View Post
    I don't think there's any hard and fast rule about this. I'd go with 3 dps if the input numbers are exact, probably 2 dps if the inputs are rounded.
    That sounds reasonable to me. Thanks again for your input.

    Quote Originally Posted by Debsta View Post
    (BTW 0.276 not 0.278)
    Ha, good catch...too much jockeying around with the example and messed it up :-)
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