Is the round() function implemented differently for double precision than for 
numeric? Forgive me if this exists somewhere in the documentation, but I can't 
seem to find it.

I've noticed with 9.6 on OSX, the .5 rounding is handled differently between 
the types. (I haven't tested other versions, yet.) For double precision values, 
even whole numbers are rounded down, yet for odds they are rounded up. For 
numeric values, all .5 numbers are rounded up.

psql (9.6.3)
Type "help" for help.

postgres=# \x
Expanded display is on.
postgres=# select round(cast(1230.5 as double precision)) as round_double_even_0
postgres-#       ,round(cast(1231.5 as double precision)) as round_double_odd_1
postgres-#       ,round(cast(1232.5 as double precision)) as round_double_even_2
postgres-#       ,round(cast(1233.5 as double precision)) as round_double_odd_3
postgres-#       ,round(cast(1234.5 as double precision)) as round_double_even_4
postgres-#       ,round(cast(1235.5 as double precision)) as round_double_odd_5
postgres-# ;

-[ RECORD 1 ]-------+-----
round_double_even_0 | 1230
round_double_odd_1  | 1232
round_double_even_2 | 1232
round_double_odd_3  | 1234
round_double_even_4 | 1234
round_double_odd_5  | 1236

postgres=# select round(cast(1230.5 as numeric)) as round_numeric_even_0
postgres-#       ,round(cast(1231.5 as numeric)) as round_numeric_odd_1
postgres-#       ,round(cast(1232.5 as numeric)) as round_numeric_even_2
postgres-#       ,round(cast(1233.5 as numeric)) as round_numeric_odd_3
postgres-#       ,round(cast(1234.5 as numeric)) as round_numeric_even_4
postgres-#       ,round(cast(1235.5 as numeric)) as round_numeric_odd_5
postgres-# ;

-[ RECORD 1 ]--------+-----
round_numeric_even_0 | 1231
round_numeric_odd_1  | 1232
round_numeric_even_2 | 1233
round_numeric_odd_3  | 1234
round_numeric_even_4 | 1235
round_numeric_odd_5  | 1236

postgres=# select round(1230.5) as round_even_0
                 ,round(1231.5) as round_odd_1
                 ,round(1232.5) as round_even_2        
                 ,round(1233.5) as round_odd_3
                 ,round(1234.5) as round_even_4
                 ,round(1235.5) as round_odd_5
;

-[ RECORD 1 ]+-----
round_even_0 | 1231
round_odd_1  | 1232
round_even_2 | 1233
round_odd_3  | 1234
round_even_4 | 1235
round_odd_5  | 1236

postgres=# \q

Why does the algorithm vary by data type?

Or is something entirely different happening?

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