As you can see, Segment F000: is embedded inside this instruction, thus the reason its location is often referenced as F000:FFF0. Although the location of this far jump instruction is essentially 'set in stone' for all PC BIOS, it's not a requirement that where it jumps to next always be the same; yet every PC BIOS we've ever examined always jumps to "F000:E05B".
Of the twelve IBM engineers assigned to create the IBM Personal Computer (model 5150), David J. Bradley[7] developed the code for its BIOS. So he's the one who, among all its other details, decided where in Memory the BIOS would place and execute the code from the first sector of the IBM PC's first floppy diskette's Boot Record. The location he chose was 0x7C00 (or 0000:7C00 in Segment:Offset notation). Unlike the first 'jump address' mentioned above (to Offset 0xE05B), later BIOS authors could not have chosen a different location in Memory for loading the initial bootstrap routines without having their code become incompatible with existing boot diskettes! So IBM (and all the PC-clone companies which followed) continued to use that same location in Memory for their hard disk drive's Master Boot Records (MBRs).