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For example, while a fixed-point representation that allocates 8 decimal digits and 2 decimal places can represent the numbers 123456.78, 8765.43, 123.00, and so on, a floating-point representation with 8 decimal digits could also represent 1.2345678, 1234567.8, 0.000012345678, 12345678000000000, and so on.
The nearest floating-point number with only five digits is 12.346. And 1/3 = 0.3333… is not a floating-point number in base ten with any finite number of digits. In practice, most floating-point systems use base two, though base ten (decimal floating point) is also common.
A decimal data type could be implemented as either a floating-point number or as a fixed-point number. In the fixed-point case, the denominator would be set to a fixed power of ten. In the floating-point case, a variable exponent would represent the power of ten to which the mantissa of the number is multiplied.
To approximate the greater range and precision of real numbers, we have to abandon signed integers and fixed-point numbers and go to a "floating-point" format. In the decimal system, we are familiar with floating-point numbers of the form (scientific notation): 1.1030402 × 10 5 = 1.1030402 × 100000 = 110304.02. or, more compactly: 1.1030402E5
The number 123.45 can be represented as a decimal floating-point number with the integer 12345 as the significand and a 10 −2 power term, also called characteristics, [11] [12] [13] where −2 is the exponent (and 10 is the base). Its value is given by the following arithmetic: 123.45 = 12345 × 10 −2.
A decimal floating-point number can be encoded in several ways, the different ways represent different precisions, for example 100.0 is encoded as 1000×10 −1, while 100.00 is encoded as 10000×10 −2. The set of possible encodings of the same numerical value is called a cohort in the standard. If the result of a calculation is inexact the ...
For comparison, the same number in decimal representation: 1.125 × 2 3 (using decimal representation), or 1.125B3 (still using decimal representation). Some calculators use a mixed representation for binary floating point numbers, where the exponent is displayed as decimal number even in binary mode, so the above becomes 1.001 b × 10 b 3 d or ...
A floating-point variable can represent a wider range of numbers than a fixed-point variable of the same bit width at the cost of precision. A signed 32-bit integer variable has a maximum value of 2 31 − 1 = 2,147,483,647, whereas an IEEE 754 32-bit base-2 floating-point variable has a maximum value of (2 − 2 −23) × 2 127 ≈ 3.4028235 ...