Bankers' Rounding.

by ssi 8. January 2016 08:39

Round half to even

A tie-breaking rule that is less biased is round half to even, namely:

  • If the fraction of y is 0.5, then q is the even integer nearest to y.

Thus, for example, +23.5 becomes +24, as does +24.5; while −23.5 becomes −24, as does −24.5.

This method treats positive and negative values symmetrically, and is therefore free of sign bias. More importantly, for reasonable distributions of y values, the expected (average) value of the rounded numbers is the same as that of the original numbers. However, this rule will introduce a towards-zero bias when y − 0.5 is even, and a towards-infinity bias for when it is odd.

This variant of the round-to-nearest method is also called unbiased rounding, convergent rounding, statistician's rounding, Dutch rounding, Gaussian rounding, odd–even rounding,[3] or bankers' rounding.

This is the default rounding mode used in IEEE 754 computing functions and operators.

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by ssi 17. December 2015 14:34

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by ssi 15. October 2015 15:53

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