How Much the Rounding Errors Could Affect the Computer Results

by Stefanescu, Stefan  
Published in Romanian Journal of Economic Forecasting, volume 8 issue 2, 2007.

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The paper emphasizes the specific manner to perform the arithmetic operations in the computer as always it is possible to have "rounding errors".
Neglecting the influence of the computer rounding errors could affect a right conclusion, for example, in the case of an account balance verification.

Keywords: rounding errors, Monte Carlo technique, specific distributions.
JEL Classification:  C87, C15, C16