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Using the fact that 2<sup>10</sup> = 1024 is only slightly more than 10<sup>3</sup> = 1000, 3''n''-digit decimal numbers can be efficiently packed into 10''n'' binary bits. However, the IEEE formats have significands of 3''n''+1 digits, which would generally require 10''n''+4 binary bits to represent.
This would not be efficient, because only 10 of the 16 possible values of the additional
* If the significand starts with <code>0mmm</code>, omitting the leading 0 bit lets the significand fit into 23 bits:
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