Total Size: 32 bits
The exponent is stored in 8-bit biased form with a bias of 127.
Stored exponent = Actual exponent + 127
Example:
Actual exponent = 3
Stored exponent = 3 + 127 = 130 = 10000010
In IEEE single precision, the exponent is represented in 8-bit biased (excess-127) notation.
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and More.