If I were asked this on a job interview and they didn't accept that answer and started going on about me missing the pure math here that would be a great sign that such a place probably doesn't ship things very often. I would also bring up that no one can solve the traveling sales problem either but that approximately optimal solutions run the world of logistics on a daily basis.
Yet much like you can dedicate an entire supercomputer to calculating the energy of two hydrogen atoms to arbitrary precision, it's a really interesting problem with respect to the pure math. But come on, the guys most likely to bring this question up are relying on 16-bit floating point to train their neural networks.
Exponent.Mantissa.Boom. In practice, I know just about no one anymore who can tell me the format of 32-bit or 64-bit floating point because they're so used to abstracting that away.