Where $s$ is the sign and may be zero or one, $m$ is commonly called the ``mantissa'' and $e$ is the exponent. Whilst $e$ is an integer in some range $\pm e_max$, the mantissa $m$ is a fixed point value in the range $0 < m < B$. The choice of base $B = 2$ in the original IEEE-754 standard matches the nature of modern hardware. It has also been found that this base in general gives the smallest rounding errors\cite{HFP}.
Where $s$ is the sign and may be zero or one, $m$ is commonly called the ``mantissa'' and $e$ is the exponent. Whilst $e$ is an integer in some range $\pm e_max$, the mantissa $m$ is a fixed point value in the range $0 < m < B$. The choice of base $B = 2$ in the original IEEE-754 standard matches the nature of modern hardware. It has also been found that this base in general gives the smallest rounding errors\cite{HFP}.