Re: Can this program be improved?

From	Bart <bc@freeuk.com>
Newsgroups	comp.lang.c
Subject	Re: Can this program be improved?
Date	2021-12-31 02:13 +0000
Organization	A noiseless patient Spider
Message-ID	<sqlp05$5uc$1@dont-email.me> (permalink)
References	(5 earlier) <sqiprq$1kk$1@dont-email.me> <Cy6zJ.242630$IW4.143221@fx48.iad> <20211229162959.990@kylheku.com> <sqk9tn$q5h$1@dont-email.me> <20211230124827.649@kylheku.com>

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On 30/12/2021 21:04, Kaz Kylheku wrote:
> On 2021-12-30, Bart <bc@freeuk.com> wrote:
>> On 30/12/2021 00:34, Kaz Kylheku wrote:
>>> On 2021-12-29, Scott Lurndal <scott@slp53.sl.home> wrote:
>>>> Bart <bc@freeuk.com> writes:
>>>>> On 29/12/2021 22:37, Keith Thompson wrote:
>>>>>> Bart <bc@freeuk.com> writes:
>>>>>> [...]
>>>>>>> 3) Double is perfectly suitable for representing monetary amounts,
>>>>>>> especially in a toy program or for personal use. (I've used it for
>>>>>>> accounts within a small business.)
>>>>>>
>>>>>> In a toy program, sure -- and I'd say *only* in a toy program.
>>>>>>
>>>>>> Using floating-point for money risks, at best, rare off-by-one errors,
>>>>>> such as a computation yielding a result one cent off from the correct
>>>>>> value.  I believe that would be considered unacceptable in any
>>>>>> real-world financial application.
>>>>>
>>>>> Real-world doesn't need to mean dealing with trillions of dollars to the
>>>>> exact cent.
>>>>
>>>> Real-world still uses COBOL for these type of applications.
>>>>
>>>>>
>>>>> Most businesses work with amounts far smaller. Then I believe the
>>>>> precision of float64 is enough to emulate the needed rounding methods.
>>>>
>>>> Why bother with the error-prone "needed rounding methods".  Use uint64_t
>>>> and denominate in mills.
>>>
>>> This common intution is incorrect. Financial systems sometimews need to
>>> calculate fractional amounts, like a 15.03% tax or whatever.
>>>
>>> And in those situations, you may be required to implement the required
>>> rounding rules: what to do when some fractional result lands halfway
>>> between two pennies: which one does it go to.
>>>
>>> You cannot get away from rounding issues just because you used an
>>> integer representation for mills or penies.
>>
>> The problem isn't the recommended rounding method, it's repeatability.
>>
>> With floating point, an intermediate result might end in .4999999993 or
>> in .5000000007. If the rule is that up to exactly 0.5 rounds down, and
>> anything beyond rounds up, then it can go either way.
> 
> This is fairly straightforward, actually. Suppose we are workign with
> dollars and cents, and have a $0.0049999993 or $0.005000000007 result.
> 
> We do not just look at the 4 or 5 digit we look at (at least) one more
> digit, and round that off first:
> 
>    $0.0049...  ->  $0.0050 -> $0.005
> 
>    $0.0050...  ->  $0.0050 -> $0.005
> 
> Now that we have our mill (tenth of a cent) denomination rounded off
> using conventional arithmetic rounding, we then look at the tenth of a
> cent digit and round to the cent.


I think I thought of some similar idea at one time, but I never tested 
it for real, and now I'm not so sure.

For example, if instead of 4999993 and 5000007, you have 4499993 and 4500007

Now it's not so clear whether that first digit ends up as 4 or 5.

Thread

Can this program be improved? Manu Raju <MR@invalid.invalid> - 2021-12-25 01:00 +0000
  Re: Can this program be improved? Andrey Tarasevich <andreytarasevich@hotmail.com> - 2021-12-24 21:44 -0800
    Re: Can this program be improved? David Brown <david.brown@hesbynett.no> - 2021-12-25 12:56 +0100
    Re: Can this program be improved? Tim Rentsch <tr.17687@z991.linuxsc.com> - 2021-12-25 11:13 -0800
    Re: Can this program be improved? Manfred <noname@add.invalid> - 2021-12-25 23:50 +0100
    Re: Can this program be improved? Manu Raju <MR@invalid.invalid> - 2021-12-26 18:52 +0000
      Re: Can this program be improved? Lew Pitcher <lew.pitcher@digitalfreehold.ca> - 2021-12-26 19:22 +0000
        Re: Can this program be improved? Manu Raju <MR@invalid.invalid> - 2021-12-26 21:30 +0000
          Re: Can this program be improved? Bart <bc@freeuk.com> - 2021-12-26 22:02 +0000
          Re: Can this program be improved? Richard Damon <Richard@Damon-Family.org> - 2021-12-26 18:24 -0500
          Re: Can this program be improved? Lew Pitcher <lew.pitcher@digitalfreehold.ca> - 2021-12-27 00:47 +0000
    Re: Can this program be improved? Guillaume <message@bottle.org> - 2021-12-29 17:52 +0100
      Re: Can this program be improved? Bart <bc@freeuk.com> - 2021-12-29 17:49 +0000
        Re: Can this program be improved? Andrey Tarasevich <andreytarasevich@hotmail.com> - 2021-12-29 11:33 -0800
          Re: Can this program be improved? James Kuyper <jameskuyper@alumni.caltech.edu> - 2021-12-29 22:45 -0500
            Re: Can this program be improved? Andrey Tarasevich <andreytarasevich@hotmail.com> - 2021-12-30 00:35 -0800
              Re: Can this program be improved? David Brown <david.brown@hesbynett.no> - 2021-12-30 10:19 +0100
          Re: Can this program be improved? Bart <bc@freeuk.com> - 2022-01-01 18:19 +0000
            Re: Can this program be improved? Bart <bc@freeuk.com> - 2022-01-01 19:33 +0000
        Re: Can this program be improved? Keith Thompson <Keith.S.Thompson+u@gmail.com> - 2021-12-29 14:37 -0800
          Re: Can this program be improved? Bart <bc@freeuk.com> - 2021-12-29 23:09 +0000
            Re: Can this program be improved? scott@slp53.sl.home (Scott Lurndal) - 2021-12-29 23:54 +0000
              Re: Can this program be improved? Keith Thompson <Keith.S.Thompson+u@gmail.com> - 2021-12-29 16:11 -0800
              Re: Can this program be improved? Kaz Kylheku <480-992-1380@kylheku.com> - 2021-12-30 00:34 +0000
                Re: Can this program be improved? Bart <bc@freeuk.com> - 2021-12-30 12:49 +0000
                Re: Can this program be improved? Kaz Kylheku <480-992-1380@kylheku.com> - 2021-12-30 21:04 +0000
                Re: Can this program be improved? Bart <bc@freeuk.com> - 2021-12-31 02:13 +0000
            Re: Can this program be improved? Keith Thompson <Keith.S.Thompson+u@gmail.com> - 2021-12-29 16:09 -0800
              Re: Can this program be improved? Kaz Kylheku <480-992-1380@kylheku.com> - 2021-12-30 00:59 +0000
                Re: Can this program be improved? Keith Thompson <Keith.S.Thompson+u@gmail.com> - 2021-12-29 17:48 -0800
                Re: Can this program be improved? Kaz Kylheku <480-992-1380@kylheku.com> - 2021-12-30 20:47 +0000
              Re: Can this program be improved? Bart <bc@freeuk.com> - 2021-12-30 01:06 +0000
                Re: Can this program be improved? Malcolm McLean <malcolm.arthur.mclean@gmail.com> - 2021-12-30 04:48 -0800
                Re: Can this program be improved? Manfred <noname@add.invalid> - 2021-12-30 18:16 +0100
                Re: Can this program be improved? Bart <bc@freeuk.com> - 2021-12-31 02:20 +0000
                Re: Can this program be improved? Manfred <noname@add.invalid> - 2021-12-31 18:25 +0100
                Re: Can this program be improved? James Kuyper <jameskuyper@alumni.caltech.edu> - 2021-12-31 18:13 -0500
                Re: Can this program be improved? Bart <bc@freeuk.com> - 2021-12-31 23:59 +0000
                Re: Can this program be improved? "james...@alumni.caltech.edu" <jameskuyper@alumni.caltech.edu> - 2021-12-31 16:20 -0800
                Re: Can this program be improved? Keith Thompson <Keith.S.Thompson+u@gmail.com> - 2021-12-31 16:35 -0800
                Re: Can this program be improved? Bart <bc@freeuk.com> - 2022-01-01 00:53 +0000
                Re: Can this program be improved? Keith Thompson <Keith.S.Thompson+u@gmail.com> - 2021-12-31 20:22 -0800
                Re: Can this program be improved? Malcolm McLean <malcolm.arthur.mclean@gmail.com> - 2021-12-31 22:04 -0800
                Re: Can this program be improved? Keith Thompson <Keith.S.Thompson+u@gmail.com> - 2022-01-01 14:59 -0800
                Re: Can this program be improved? Malcolm McLean <malcolm.arthur.mclean@gmail.com> - 2022-01-02 17:22 -0800
                Re: Can this program be improved? Keith Thompson <Keith.S.Thompson+u@gmail.com> - 2022-01-02 20:49 -0800
                Re: Can this program be improved? Malcolm McLean <malcolm.arthur.mclean@gmail.com> - 2022-01-03 03:09 -0800
                Re: Can this program be improved? scott@slp53.sl.home (Scott Lurndal) - 2022-01-03 16:22 +0000
                Re: Can this program be improved? Keith Thompson <Keith.S.Thompson+u@gmail.com> - 2022-01-03 14:42 -0800
                Re: Can this program be improved? Malcolm McLean <malcolm.arthur.mclean@gmail.com> - 2022-01-03 14:52 -0800
                Re: Can this program be improved? gazelle@shell.xmission.com (Kenny McCormack) - 2022-01-03 22:58 +0000
                Re: Can this program be improved? Malcolm McLean <malcolm.arthur.mclean@gmail.com> - 2022-01-04 04:27 -0800
                Re: Can this program be improved? gazelle@shell.xmission.com (Kenny McCormack) - 2022-01-04 13:39 +0000
                Re: Can this program be improved? David Brown <david.brown@hesbynett.no> - 2022-01-04 00:18 +0100
                Re: Can this program be improved? Keith Thompson <Keith.S.Thompson+u@gmail.com> - 2022-01-03 15:24 -0800
                Re: Can this program be improved? Malcolm McLean <malcolm.arthur.mclean@gmail.com> - 2022-01-03 15:43 -0800
                Re: Can this program be improved? Öö Tiib <ootiib@hot.ee> - 2022-01-03 21:19 -0800
                Re: Can this program be improved? Mateusz Viste <mateusz@xyz.invalid> - 2022-01-04 09:23 +0100
                Re: Can this program be improved? Guillaume <message@bottle.org> - 2022-01-04 18:18 +0100
                Re: Can this program be improved? Malcolm McLean <malcolm.arthur.mclean@gmail.com> - 2022-01-04 10:35 -0800
                Re: Can this program be improved? Keith Thompson <Keith.S.Thompson+u@gmail.com> - 2022-01-04 14:07 -0800
                Re: Can this program be improved? Malcolm McLean <malcolm.arthur.mclean@gmail.com> - 2022-01-04 15:11 -0800
                Re: Can this program be improved? Keith Thompson <Keith.S.Thompson+u@gmail.com> - 2022-01-04 15:47 -0800
                Re: Can this program be improved? Malcolm McLean <malcolm.arthur.mclean@gmail.com> - 2022-01-04 18:30 -0800
                Re: Can this program be improved? scott@slp53.sl.home (Scott Lurndal) - 2022-01-04 23:46 +0000
                Re: Can this program be improved? Bart <bc@freeuk.com> - 2022-01-04 18:41 +0000
                Re: Can this program be improved? Malcolm McLean <malcolm.arthur.mclean@gmail.com> - 2022-01-04 10:52 -0800
                Re: Can this program be improved? scott@slp53.sl.home (Scott Lurndal) - 2022-01-04 19:00 +0000
                Re: Can this program be improved? Malcolm McLean <malcolm.arthur.mclean@gmail.com> - 2022-01-04 11:15 -0800
                Re: Can this program be improved? Guillaume <message@bottle.org> - 2022-01-04 21:57 +0100
                Re: Can this program be improved? Bart <bc@freeuk.com> - 2022-01-04 21:02 +0000
                Re: Can this program be improved? scott@slp53.sl.home (Scott Lurndal) - 2022-01-04 21:38 +0000
                Re: Can this program be improved? Manfred <noname@add.invalid> - 2022-01-04 23:01 +0100
                Re: Can this program be improved? David Brown <david.brown@hesbynett.no> - 2022-01-04 09:31 +0100
                Re: Can this program be improved? Malcolm McLean <malcolm.arthur.mclean@gmail.com> - 2022-01-04 01:30 -0800
                Re: Can this program be improved? David Brown <david.brown@hesbynett.no> - 2022-01-04 14:55 +0100
                Re: Can this program be improved? Malcolm McLean <malcolm.arthur.mclean@gmail.com> - 2022-01-04 06:21 -0800
                Re: Can this program be improved? David Brown <david.brown@hesbynett.no> - 2022-01-04 16:49 +0100
                Re: Can this program be improved? gazelle@shell.xmission.com (Kenny McCormack) - 2022-01-04 15:56 +0000
                Re: Can this program be improved? gazelle@shell.xmission.com (Kenny McCormack) - 2022-01-04 15:03 +0000
                Re: Can this program be improved? gazelle@shell.xmission.com (Kenny McCormack) - 2022-01-03 22:54 +0000
                Re: Can this program be improved? Mateusz Viste <mateusz@xyz.invalid> - 2022-01-03 09:22 +0100
                Re: Can this program be improved? Malcolm McLean <malcolm.arthur.mclean@gmail.com> - 2022-01-03 03:30 -0800
                Re: Can this program be improved? David Brown <david.brown@hesbynett.no> - 2022-01-03 17:22 +0100
                Re: Can this program be improved? Malcolm McLean <malcolm.arthur.mclean@gmail.com> - 2022-01-03 08:48 -0800
                Re: Can this program be improved? Mateusz Viste <mateusz@xyz.invalid> - 2022-01-03 18:42 +0100
                Re: Can this program be improved? Bart <bc@freeuk.com> - 2022-01-03 17:59 +0000
                Re: Can this program be improved? Malcolm McLean <malcolm.arthur.mclean@gmail.com> - 2022-01-03 11:09 -0800
                Re: Can this program be improved? Mateusz Viste <mateusz@xyz.invalid> - 2022-01-03 20:32 +0100
                Re: Can this program be improved? Malcolm McLean <malcolm.arthur.mclean@gmail.com> - 2022-01-03 11:58 -0800
                Re: Can this program be improved? scott@slp53.sl.home (Scott Lurndal) - 2022-01-03 18:13 +0000
                Re: Can this program be improved? gazelle@shell.xmission.com (Kenny McCormack) - 2022-01-03 20:05 +0000
                Re: Can this program be improved? Bart <bc@freeuk.com> - 2022-01-01 16:53 +0000
          Re: Can this program be improved? Kaz Kylheku <480-992-1380@kylheku.com> - 2021-12-30 00:29 +0000
  Re: Can this program be improved? Bart <bc@freeuk.com> - 2021-12-25 12:47 +0000
    Re: Can this program be improved? Manu Raju <MR@invalid.invalid> - 2021-12-26 18:56 +0000
  Re: Can this program be improved? Lew Pitcher <lew.pitcher@digitalfreehold.ca> - 2021-12-25 17:38 +0000
    Re: Can this program be improved? Öö Tiib <ootiib@hot.ee> - 2021-12-25 10:58 -0800
      Re: Can this program be improved? Lew Pitcher <lew.pitcher@digitalfreehold.ca> - 2021-12-25 19:16 +0000
        Re: Can this program be improved? Öö Tiib <ootiib@hot.ee> - 2021-12-25 11:25 -0800
      Re: Can this program be improved? "Chris M. Thomasson" <chris.m.thomasson.1@gmail.com> - 2021-12-25 15:01 -0800
        Re: Can this program be improved? Lew Pitcher <lew.pitcher@digitalfreehold.ca> - 2021-12-25 23:09 +0000
          Re: Can this program be improved? "Chris M. Thomasson" <chris.m.thomasson.1@gmail.com> - 2021-12-25 20:56 -0800
    Re: Can this program be improved? scott@slp53.sl.home (Scott Lurndal) - 2021-12-25 19:30 +0000
      Re: Can this program be improved? Keith Thompson <Keith.S.Thompson+u@gmail.com> - 2021-12-25 15:50 -0800
        Re: Can this program be improved? Manu Raju <MR@invalid.invalid> - 2021-12-26 19:02 +0000
    Re: Can this program be improved? Andrey Tarasevich <andreytarasevich@hotmail.com> - 2021-12-25 11:53 -0800
    Re: Can this program be improved? Manu Raju <MR@invalid.invalid> - 2021-12-26 19:00 +0000
  Re: Can this program be improved? Tim Rentsch <tr.17687@z991.linuxsc.com> - 2021-12-25 11:22 -0800
    Re: Can this program be improved? Manu Raju <MR@invalid.invalid> - 2021-12-26 19:01 +0000
  Re: Can this program be improved? Malcolm McLean <malcolm.arthur.mclean@gmail.com> - 2021-12-25 13:27 -0800
    Re: Can this program be improved? Andrey Tarasevich <andreytarasevich@hotmail.com> - 2021-12-25 16:06 -0800
  Re: Can this program be improved? Lew Pitcher <lew.pitcher@digitalfreehold.ca> - 2021-12-29 15:21 +0000

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