what is block floating pont format ?

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sagar474

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what is block floating point format
is it a way of representing different fractions with same exponent ?
 

The concept of float point type numbers, allow us to represent numbers in a scale greater than number digits itself.
For example, with a 6 Digits magnitude FloatPoint number, considering A.BCDEF x 10^g , g can assume a value greater than 6.

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