Rounding Errors Can Occur
Rounding errors can occur when we round numbers to a certain degree of accuracy. This can happen when we use multiplication, division or exponentiation in a formula . Rounding errors can be expressed using two inequality symbols to represent the lowest and highest possible values. When rounding to the nearest one, divide the degree of accuracy by two. This provides the error interval of 0.5 either side of the whole number.
Rounding errors are also known as round-off errors. In computing, a roundoff error is the difference between the result produced by a given algorithm using exact arithmetic and the result produced by the same algorithm using finite-precision, rounded arithmetic.
To avoid rounding errors, you can set the decimal place as you need. This will prevent rounding errors when calculating.
Here are some websites that discuss Rounding Errors Can Occur:
- [BBC Bitesize](https://www.bbc.co.uk/bitesize/topics/zmdqxnb/articles/z3pmxbk)
- [Testbook.com](https://testbook.com/question-answer/in-excel-rounding-errors-can-occur-_________--5f9ad49c6b37139f75146898)
- [Examveda](https://www.examveda.com/rounding-errors-can-occur-8555/)
- [Microsoft Support](https://support.microsoft.com/en-us/office/set-rounding-precision-e5d707e3-07a8-4df2-810c-218c531eb06a)
- [Wikipedia](https://en.wikipedia.org/wiki/Round-off_error)
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