3.5> IEEE 754 2008 contains a half precision that is only 16 bits wide. The left most 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 th e b it pattern to represent 1.5625 X 10 1 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.