How does the process of normalizing and denormalizing floating-point numbers impact the precision and range of numerical values in a computer system?

Normalizing and denormalizing floating-point numbers in a computer system can impact precision and range. Normalizing numbers involves adjusting the decimal point to represent the number in a standardized form, which can improve precision. Denormalizing, on the other hand, allows for representing very small numbers close to zero, expanding the range of numerical values that can be stored but potentially reducing precision. Overall, the process of normalizing and denormalizing floating-point numbers helps balance precision and range in a computer system.