[XSL-LIST Mailing List Archive Home] [By Thread] [By Date] [Recent Entries] [Reply To This Message] Re: Rounding errors in financial app transforms
> Financial systems (at least all the ones we have dealt with) use have a > specific way or rounding money known as "bankers rounding" or "half even > rounding". many humans were taught that way as well (I was certainly aught that as a child) xpath2 has a default rounding function that provides half-even rounding, which is of course designed to mininmimise rounding errors (as half the time you round up, and half down, so on balance for many types of calculation the expected error is less with this rounding method. > The problem value is the n.5. Most mathematics based system (and most > humans) including both versions of XSLT round to n+1. > http://www.w3.org/TR/xpath-functions/#func-round-half-to-even David ________________________________________________________________________ The Numerical Algorithms Group Ltd is a company registered in England and Wales with company number 1249803. The registered office is: Wilkinson House, Jordan Hill Road, Oxford OX2 8DR, United Kingdom. This e-mail has been scanned for all viruses by Star. The service is powered by MessageLabs. ________________________________________________________________________
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