Question 1 (15 pts): Consider the following 8-bit base-2 floating-point number format that uses the first bit (left most) for the sign of the number, the second bit for the sign of an unbiased exponent, bits 3 to 5 for the magnitude of the exponent and bits 6 to 8 for the magnitude of the mantissa: The representation follows the standard rules for the upper and lower bounds of the mantissa, i.e. 0.5m