Against PEP 240
Roman Suzi
rnd at onego.ru
Thu May 31 03:09:15 EDT 2001
On Thu, 31 May 2001, Tim Peters wrote:
> [Roman Suzi]
> > Rounding and formating is a MUST in anything nrealy financial ;-)
> > So, lets not put additional burden on the Python and
> > just put "%11.2f" % round(var, 2) were due.
>
> I doubt that's going to make Clark feel better, as I can't imagine a context
> in which that code snippet would make good sense. That's the kind of thing
> he's doubtless suffering from: well-intentioned attempts to worm around
> problems too dimly understood. "%" alone would introduce one rounding
> error, and that's the best that can be done. "round()" introduces at least
> two rounding errors of its own (although you can't know that without
> studying the implementation of round()), so all by itself is worse than just
> printing the thing. Even if Clark sticks to plain "%" and has an exactly
> representable (in binary fp) value, he's still in a x-platform bind; e.g.,
>
> >>> print "%11.2f" % 100.125
>
> displays
>
> 100.12
>
> on most modern Unix boxes (following 754's nearest/even rounding), but
> displays
>
> 100.13
>
> on others and on Windows (following add-a-half-and-chop rounding). The
> financial world has strict rules about how rounding is supposed to be done
> too.
Wow! Could you please explain what errors round() adds and in the
following if a solution:
def finance_round(x, z=2):
"""Portable (?) add-a-half-and-chop rounding"""
p10 = 10.0**z
return int(x*p10+0.5)/p10
IMHO, UNIX approach is scientifically correct (adds
less noise if large data arrays are rounded before summation), while
Windows one is more "financially" minded...
I wish Python docs were more specific on the rules
of formatting "%", round(), etc.
> spend-6-months-writing-accounting-apps<wink>-ly y'rs - tim
It's also interesting to know if "official" rounding rules differ from
country to country, because I was told there is no bookkeeping regulation
(in Russia) on how to round, so bookkeepers are on their own.
Sincerely yours, Roman A.Suzi
--
- Petrozavodsk - Karelia - Russia - mailto:rnd at onego.ru -
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