Dietmar Stockl, colleague, friend, and expert in statistics, starts a series on looking at QC data examples from the real world of the laboratory. Sometimes what happens in reality is different than what's predicted in theory.
An analytical process has two major parts: i) the measurement procedure, which is necessary to obtain a result for a patient's sample; ii) the control procedure, which is necessary to assess the validity of a measurement result (1). This statement makes absolutely clear that IQC is a "sine-qua-non" for reporting a result. Thus, a well established IQC system is an important part of the technical competence of the laboratory.
Analytical paradigm (2)
Analytical procedures give results that are independent from other results; the results come from a Gaussian distribution with a mean µ and a standard deviation "sigma". Analytical procedures have periods of stable performance; mean and standard deviation of the stable process can be estimated from sufficiently frequent measurements under stable conditions. However, in the course of time, analytical procedures tend to instability:
Control rules indicate, for example, whether
IQC uses a reliable estimate of µ and "sigma" for controlling the measurement process (for example, setting the control limits).

The ideal quality control situation IQC measurements of a stable control (no breakdown, evaporation, or contamination) for serum-sodium (Na, mmol/L).
Stable measurement process for Na, with “µ” = 145 mmo/L, "sigma" = 1.53 mmol/L (CV = 1.1%). Indicated are the mean, and the mean ± 1 x, 2 x, 3 x “sigma”.
Results are reported with 1 decimal.
If the control rule = 13s, we observe 1 FALSE rejection (probability = 0.27%).
When the Na-results are reported without decimal, we observe “ropes of pearls”.
Ropes of pearls are observed when (too much) rounding does not match precision.

Too few decimals (digits) may give problems with target uncertainty (rounding problem), calculation of CV (zero CV, last 50 results in TSH-example), violation of IQC rules & graphical display.
If the software allows it, use more digits/decimals for IQC purposes than you use for patient reporting