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(a) Largest positive value:

This happens when all significant (mantissa) bits are 1, and the exponent bits are all 1.

$=(b)^{p-1} -1\times (b)^{X-q}$

Smallest positive value:

This happens when the LSB of mantissa is 1 and the exponent bits are 0 so that subtracting the bias gives the largest negative value possible for exponent
$=1 \times (b)^{-q}$

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