What is IEEE standard 754?

IEEE Standard 754 is a technical standard for floating-point arithmetic in computer systems, established to ensure consistency and accuracy in numerical computations. It defines formats for representing floating-point numbers, including single precision (32 bits) and double precision (64 bits), as well as rules for rounding, overflow, underflow, and special values like NaN (Not a Number) and infinity. This standard helps facilitate interoperability across different computing platforms and programming languages, promoting reliable numerical results.