I was looking at several textbooks, including Numerical Linear Algebra by Trefethen and Bau, and in the section on floating point arithmetic, they seem to say that in IEEE-754, normalized floating point numbers take the form .1.... X 2^e. That is, the mantissa is assumed to be between 0.5 and 1.
However, in this popular online floating point calculator, it is explained that normalized floating point numbers have a mantissa between 1 and 2.
Could someone please tell me which is the correct way?