At 14:44 05/06/2022 +1200, Steve Edmonds wrote:
I have just put a basic macro together so it will calculate income
tax due from our local tax rates. I needed to round the tax to the
nearest cent so taking the easy route I added Option VBASupport 1 to
use the available VB round function. I then noticed that the VB
round function with say round(12.125,2) rounds down to 12.12 and the
LO inbuilt spread sheet function ROUND with ROUND(12.125,2) rounds
up to 12.13. Is rounding in this situation arbitrary or is there
some convention for consistency.
As is often the case, there are many conventions! See
https://en.wikipedia.org/wiki/Rounding#Rounding_to_the_nearest_integer .
The LibreOffice function is likely to use "round half away from zero"
- the version we all learned in elementary school. But a quick web
search reveals that the Visual Basic function does indeed use "round
half to even" ("banker's rounding") - which explains the difference.
You should find that both functions agree that round(12.135,2) is 12.14.
Note also two other matters:
o What is displayed in a spreadsheet as 12.125 may represent a
slightly different underlying value - either more or less than this -
with the display limited to three fractional places by cell
formatting. The spreadsheet ROUND() function may act on the displayed
value and give the expected answer, or it may act on the true value
stored in the cell - which may round differently. Which of these
happens is controlled by the option at Tools | Options | LibreOffice
Calc | Calculate | General Calculations | Precision as shown.
o Some values which terminate as decimal fractions may not be capable
of exact representation in the computer's binary form. This is likely
to make a difference only when values are expressed to a significance
near that of the underlying number storage. (And it happens anyway
that your 12.125 *will* be capable of exact representation in binary.)
I trust this helps.
Brian Barker
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