Sure.
5 0.5 = ~ 2.24
and
5 1/2 = ~ 2.24
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Why not? An exponent is just like any other number.
It can be either.
The exponent tells you how many spaces to move the decimal, remember to add zeros as needed. If the exponent is negative make it a decimal number less than one by moving the decimal to the left. If the exponent is positive make the decimal number greater than one by moving the decimal to the right.
It is 100.
A decimal.