Question
Pi rounded to 8 decimal places has a value of 3.14159265. Round Pi to 4 decimal places using chopping and then again using rounding. What
Pi rounded to 8 decimal places has a value of 3.14159265. Round Pi to 4 decimal places using chopping and then again using rounding. What are the relative errors (as a percentage) of using chopping and rounding when simplifying Pi from 8 to 4 decimal places?
- For Chopping, round the float value to 4 decimal places
- For Rounding, round the float value to 5 decimal places
Pl rounded to 8 decimal places has a value of 3.14159265. Round Pl to 4 decimal places using chopping and then again using rounding. What are the relative errors (as a percentage) of using chopping and rounding when simplifying Pl from 8 to 4 decimal places? Chopping: % (Just type the float value rounded to 4 decimal places. Don't include the % sign.) Rounding: % (Just type the float value rounded to 5 decimal places. Don't include the % sign.)
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The answer is Chopping 00027 Rounding 00005 Explanation Using chopping we simply truncate the val...
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Fundamentals of Financial Accounting
Authors: Fred Phillips, Robert Libby, Patricia Libby
5th edition
78025915, 978-1259115400, 1259115402, 978-0078025914
