Concept:
Standard ellipse:
\[
\frac{(x-h)^2}{a^2} + \frac{(y-k)^2}{b^2} = 1
\]
Eccentricity:
\[
e = \sqrt{1 - \frac{b^2}{a^2}}
\]
Step 1: Rearrange equation.
\[
4x^2 -8x + y^2 +4y -8 = 0
\]
Step 2: Complete squares.
\[
4(x^2 -2x) + (y^2 +4y) = 8
\]
\[
4[(x-1)^2 -1] + [(y+2)^2 -4] = 8
\]
Step 3: Simplify.
\[
4(x-1)^2 -4 + (y+2)^2 -4 = 8
\]
\[
4(x-1)^2 + (y+2)^2 = 16
\]
Step 4: Divide by 16.
\[
\frac{(x-1)^2}{4} + \frac{(y+2)^2}{16} = 1
\]
So:
\[
a^2 = 16,\quad b^2 = 4
\]
Step 5: Compute eccentricity.
\[
e = \sqrt{1 - \frac{4}{16}} = \sqrt{\frac{3}{4}} = \frac{\sqrt{3}}{2}
\]