1. IEEE 754-2008 contains a half precision that is only 16 bits wide. The leftmost bit is still the sign bit, the exponent is 5 bits wide and has a bias of 15, and the mantissa is 10 bits long. A hidden 1 is assumed. Write down the bit pattern to represent -1.6875 X 10⁰ assuming a version of this format, which uses an excess-16 format to store the exponent. Comment on how the range and accuracy of this 16-bit floating point format compares to the single precision IEEE 754 standard.