rounding error
Definition
Error caused by approximating a figure (number) with fewer digits from an original figure with more digits. For example, rounding off 99.987 to 100. Whereas rounding-errors may be harmless in manual computations, they can become serious-mistakes in computer calculations involving thousands or millions of mathematical operations. Also called roundoff error. Compare with truncation error.
rounding error is in the Accounting & Auditing and Statistics, Mathematics, & Analysis subjects.
rounding error appears in the definitions of the following terms: truncation error and roundoff error
This content can be found on the following page:
http://www.businessdictionary.com/definition/rounding-error.html
email to a friend
print this definition
cite this definition
link to this page







