So you have xxxxx E xxx as an example of a 5 bit mantissa and 3 bit exponent.
You have 2^5 floating point numbers for each possible exponent.
So no, you're wrong. For exponent 0 you have 2^5, and for exponent 1, 10 and 11 you then have the same. The exponent 0b (0d) then contain the same number of possible floating mantissas as does 1b (1d), 10b (2d) and 11b(3d). Which means that there are as many mantissas between [0,1) as there are between [1,3)