To derive the value of the floating-point number, the " significand " is multiplied by the " base " raised to the power of the " exponent ", equivalent to shifting the radix point from its implied position by a number of places equal to the value of the exponent to the right if the exponent is positive or to the left if the exponent is negative.
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Positional notation ( also known as " place-value notation " ) refers to the representation or encoding of numbers using the same symbol for the different orders of magnitude ( e . g ., the " ones place ", " tens place ", " hundreds place " ) and, with a radix point, using those same symbols to represent fractions ( e . g ., the " tenths place ", " hundredths place " ).
