Re: [s-d] [s-b] Ministry of Time Bulletin and Consultation

[Joel Uckelman <uckelman@xxxxxxxxx>]

Thus spake "Mike McGann":
> On Jan 23, 2008 8:26 AM, 0x44 <bnomic@xxxxxxxxxxxxxx> wrote:
> 
> > My reasoning:
> > Nothing in the ruleset declares a method of rounding. While bank
> > rounding is the most accurate method of rounding, we aren't doing enough
> > transactions to make it worthwhile. Therefore, it is understandable that
> > the method of rounding defaulted to mathematical rounding. The
> > mathematical round of x.5 is x+1.
> 
> I'm not sure I would call bank rounding the most accurate. Maybe the
> most fair. Banks have an interest in not losing fractions of monetary
> units due to rounding. Fixed precision is used and it could basically
> be integer math with a decimal point placed somewhere.

Ever seen "Office Space"? I don't think anyone would notice if you
just collected all of the round-off in an account... :)

-- 
J.
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