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Start Over Descriptor "Rounding errors" Publication Type News
1 results on '"Rounding errors"'

1. Analysts' Rounding Doesn't Always Square.

Author

Lahart, Justin

Subjects
*ROUNDING errors, *CORPORATE finance, *MATHEMATICAL models of forecasting, *EARNINGS forecasting
Abstract

The article examines how rounding errors can affect the accuracy of financial analysts' predictions for annual earnings forecasts and can lead to false confidence in investors, discussing why researchers Patricia Dechow and Haifeng You believe people gravitate towards numbers that end in five and zero.

Published
2012

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