Re: how to efficiently storing floating point numbers with limited

> is there a 16 bit or 24 bit floating point scheme?

Round the IEEE754 representation to (16 - 9) or (24 - 9)
significant [and represented] bits in the fraction.
Convert to full IEEE754 32-bit width for processing.
15 (+1) bits of fraction is enough to represent data from
many physical sensors.  7 (+1) bits probably is poor:
only slightly more than two significant decimal digits.

Scaled fixed point representations such as "16.16" or "14.18"
have been used in some signal-processing environments.

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