In floating-point representation, an exponent determines the power applied to the mantissa. A value is calculated as sign × 2^exponent × mantissa. The exponent and mantissa occupy separate bits, while another bit stores the sign. section 3.3
Float32 representation of 1.0001
For float32, the exponent uses 8 bits. The bit pattern 01111111 represents 2^0, while the mantissa is approximately 1.000100016593933. Therefore, the stored value is 1 × 2^0 × 1.000100016593933—not exactly 1.0001. section 3.3

