Floating point numbers allow us to store decimal values. Consider the number 2.5. This will be stored as "10.1". How was this value calculated? Look at the table below -

256 128 64 32 16 8 4 2 1 . 1/2 1/4 1/8 1/16 1/32 1/64 1/128 1/256
0 0 0 0 0 0 0 1 0 . 1 0 0 0 0 0 0 0

So how could 6.75 be stored?

256 128 64 32 16 8 4 2 1 . 1/2 1/4 1/8 1/16 1/32 1/64 1/128 1/256
0 0 0 0 0 0 1 1 0 . 1 1 0 0 0 0 0 0

so it is 4 + 2 + 1/2 + 1/4 = 6.75

To convert binary to denary you need to work out both sides of the decimal point. For example

1101.1101

256 128 64 32 16 8 4 2 1 . 1/2 1/4 1/8 1/16 1/32 1/64 1/128 1/256
0 0 0 0 0 1 1 0 1 . 1 1 0 1 0 0 0 0

8 + 4 + 1 = 13

1/2 + 1/4 + 1/16 = 8/16 + 4/16 + 1/16 = 13/16

13.8125

Note - I have factored the fractions as I personally find this easier. You can just work this out on a calculator by (1/2) + (1/4) + (1/16) = 0.8125