Assignment 1: Numerical PrecisionDue Week 3 and worth 90 pointsThestorage and representation of numbers in a computer can lead tocostly mistakesbecause of precision errors. When using floating point numbers onemust makesure that the correct number of digits is used in a calculationbecause roundingerrors can produce values that lead to errors. Consider thefloating pointformat exponential format and binary coded decimal (BCD).Write a fourto five (4-5) page paper in which you: