1) There are two approaches to representing real numbers in computers: fixed-point notation and floating-point notation. Fixed-point notation reserves a fixed number of bits for the integer and fractional parts, while floating-point notation uses a variable number of bits for the fractional part.
2) In fixed-point notation, the number of integer and fractional bits is fixed, limiting the range of representable values. Floating-point notation represents numbers in the form (-1)^s * m * 2^e, where s is the sign bit, m is the mantissa, and e is the exponent, allowing for a wider range of values.
3) The IEEE 754 standard defines common floating-point