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The provided dataset “Franchises Dataset” contains data collected from different

June 10, 2022

The provided dataset “Franchises Dataset” contains data collected from different 100 franchises. The data contains the net profit (million $) for each franchise, the counter sales (million $), the drive-through sales (million $), and the type of the franchise.

Address the following questions:

a) Develop a Neural Network (NN) prediction model for the net profit (Number of layers = 3, dense layers, activation function of Tan, number of nodes in each layer = 20).
b) What is the forecast of the net profit, if the counter sales are 500,000 $, drive-through sales are 700,000$, and the franchise is a pizza store. Comment on the forecasted value.
c) What are the limitations of the model?

Submit a PDF file for your answers as well as the excel sheet. Include the Python code in the PDF.

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