3 ms·
Working in finance, significant digits are (of course) super important. You always want to assume a stakeholder doesn’t have a perfect understanding of the data
by cowthulhu 3y ago
Working in finance, significant digits are (of course) super important. You always want to assume a stakeholder doesn’t have a perfect understanding of the data definition, so provide less precision (even if you know the actual value to a cent) to avoid the stakeholder misusing the data given a slightly flawed understanding of some obscure edge case.
If the number stays at 32.56m for a period of time, you want them to consider it sideways movement rather than start worrying about the fact that it did technically go up by a few hundred dollars.