Eliminating Rounding Errors in Excel A Step-by-Step Guide
Apr 28, 2023
Rounding errors occur when you use Excel to work with numerical data that contains finite limitations. That is, when you are dealing with numbers that can only be expressed as integers, a certain amount of accuracy will be lost during calculations.
For example, if you have two numbers that cannot be precise beyond the second decimal place (2.35 and 3.24) but need to make an operation whose result requires the third decimal place precision (i.e., division), then the result will come with an error since it is impossible to represent such a result accurately using just two numbers
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