If you don't believe me, try it. Generate a random list of numbers that end in 0.5, round them off, and average them. You'll find that Bankers' Rounding gives you closer results to the real average than "always round down" averaging....
Define Bankers. Bankers synonyms, Bankers pronunciation, Bankers translation, English dictionary definition of Bankers. n. 1. One serving as an officer or owner of a bank. 2. Games The player in charge of the bank in some gambling games. bank′er·ly adj
IF Object_Id ('tempdb..#BRounding') IS NOT NULL DROP TABLE #BRounding CREATE TABLE #BRounding (TR_3D money, TR_4D money, BR_3D money, BR_4D money ) WHILE @a < 2.000 -- Sorry, Jeff. Just to make it repeateble for everyone. BEGIN SET @b-2 = ROUND(@A, 3, 1) --to avoid...
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npm i bankers-round --save yarn add bankers-round Using // ES5 var { bankersRound } = require('bankers-round'); // ES6 import { bankersRound } from 'bankers-round'; bankersRound(4.5) //4 bankersRound(5.5) //6 bankersRound(0.045, 2) //0.04 bankersRound(0.055, 2) //0.06 ...
Banker's Rounding, also known asrounding half to evenresults in smaller error when averaging and summing rounded values thanrounding half up. The improvement is clearly visible for experiments with large sample numbers, for example, more than 100. ...
Define Bankers Acceptances. Bankers Acceptances synonyms, Bankers Acceptances pronunciation, Bankers Acceptances translation, English dictionary definition of Bankers Acceptances. or bank·er's acceptance n. Abbr. BA A draft or bill of exchange drawn upo
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Read the full-text online article and more details about "Rustling Up a Big City Bank: Cowboy Bankers, Once Led by Grandpa Ferm, Are Now Rounding Up a Branch in Rapid City" - American Banker, Vol. 149, January 4, 1984American Banker...
This algorithm is called the Bankers' Rounding algorithm because, unsurprisingly, it's used by bankers. Suppose a data source provides data which is often in exactly split quantities -- half dollars, half cents, half shares, whatever -- but they wish to provide rounded-off quantities. Suppose...