Assignment 1: Demand EstimationDue Week 3 and worth 200 pointsImagine that you w

Assignment 1: Demand EstimationDue Week 3 and worth 200 pointsImagine that you work for the maker of a leading brand of low-calorie microwavable food that estimates the following demand equation for its product using data from 26 supermarkets around the country for the month of April.For a refresher on independent and dependent variables please go to Sophias Website and review the Independent and Dependent Variables tutorial located athttp://www.sophia.org/tutorials/independent-and-dependent-variables3.Note:Your professor will provide you with the equation and data necessary for you to complete this assignment. You will find this information attached to Assignment 1 within the course shell.Write a four to six (4-6) page paper in which you:Your assignment must follow these formatting requirements:The specific course learning outcomes associated with this assignment are: