We are given the ellipse:
\[
16x^2+7y^2=112.
\]
First convert it into standard form.
Divide both sides by \(112\):
\[
\frac{16x^2}{112}+\frac{7y^2}{112}=1.
\]
\[
\frac{x^2}{7}+\frac{y^2}{16}=1.
\]
The larger denominator is \(16\), so the major axis is along the \(y\)-axis.
Thus,
\[
a^2=16
\]
and
\[
b^2=7.
\]
Now eccentricity of ellipse is given by
\[
e=\sqrt{1-\frac{b^2}{a^2}}.
\]
Substitute the values:
\[
e=\sqrt{1-\frac{7}{16}}.
\]
\[
e=\sqrt{\frac{16-7}{16}}.
\]
\[
e=\sqrt{\frac{9}{16}}.
\]
\[
e=\frac{3}{4}.
\]
Therefore, the eccentricity of the ellipse is
\[
\frac{3}{4}.
\]