One thing I dislike in discussions about floats is this incessant focus on the binary representation. The representation is NOT the essence of the number. Sure it matters if you are a hardware guy, or need to work with serialized floats, or some NaN-boxing trickery, but you can get a perfectly good understanding of binary floats by playing around with the key parameters of a floating point number system:
- precision = how many bits you have available
- exponent range = lower/upper bounds for exponent
- radix = 2 for binary floats
Consider listing out all possible floats given precision=3, exponents from -1 to 1, radix=2. See what happens when you have a real number that needs more than 3 bits of precision. What is the maximum rounding error using different rounding strategies? Then move on to subnormals and see how that adds a can of worms to underflow scenarios that you don't see in digital integer arithmetic. For anyone interested in a short book covering all this, I would recommend "Numerical Computing with IEEE Floating Point Arithmetic" by Overton [1].