The real difference between float32 and float64 : <p>I want to understand the actual difference between <code>float16</code> and <code>float32</code> in terms of the result precision. For instance, <code>Numpy</code> allows you to choose the range of the datatype you want <code>(np.float16, np.float32, np.float64)</code>. My concern is that if I decide to go with float 16 to reserve memory and avoid possible overflow, would that create a loss of the final results comparing with float32 for instance?</p>

<p>Thank you</p>
