The provided dataset “Franchises Dataset” contains data collected…
QuestionAnswered step-by-stepThe provided dataset “Franchises Dataset” contains data collected…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 Random Forest Model for the net profit. 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 modelNet Profit Counter Sales Drive-through Sales Business Type2 8.4 7.7 Café1.3 3.3 4.5 Café1.2 5.8 8.4 Pizza Store2.4 10 7.8 Burger store0.7 4.7 2.4 Café1.3 7.7 4.8 Café1.1 4.5 2.5 Café2.3 8.6 3.4 Burger store0.9 5.9 2 Café1.6 6.3 4.1 Burger store2 8.4 7.7 Café1.3 3.3 4.5 Café1.7 5.8 8.4 Café1.4 10 7.8 Pizza Store1.2 4.7 2.4 Burger store1.8 7.7 4.8 Burger store1.6 4.5 2.5 Burger store1.8 8.6 3.4 Café1.4 5.9 2 Burger store1.1 6.3 4.1 Café1.5 8.4 7.7 Pizza Store1.3 3.3 4.5 Café1.2 5.8 8.4 Pizza Store2.4 10 7.8 Burger store1.2 4.7 2.4 Burger store1.3 7.7 4.8 Café1.1 4.5 2.5 Café1.3 8.6 3.4 Pizza Store0.9 5.9 2 Café1.6 6.3 4.1 Burger store2 8.4 7.7 Café0.8 3.3 4.5 Pizza Store2.2 5.8 8.4 Burger store2.4 10 7.8 Burger store1.2 4.7 2.4 Burger store0.8 7.7 4.8 Pizza Store1.6 4.5 2.5 Burger store1.8 8.6 3.4 Café0.9 5.9 2 Café1.6 6.3 4.1 Burger store2 8.4 7.7 Café0.8 3.3 4.5 Pizza Store1.2 5.8 8.4 Pizza Store1.9 10 7.8 Café0.7 4.7 2.4 Café0.8 7.7 4.8 Pizza Store0.6 4.5 2.5 Pizza Store2.3 8.6 3.4 Burger store0.9 5.9 2 Café1.6 6.3 4.1 Burger store2 8.4 7.7 Café1.3 3.3 4.5 Café1.2 5.8 8.4 Pizza Store2.4 10 7.8 Burger store0.7 4.7 2.4 Café1.8 7.7 4.8 Burger store0.6 4.5 2.5 Pizza Store2.3 8.6 3.4 Burger store0.4 5.9 2 Pizza Store1.1 6.3 4.1 Café2.5 8.4 7.7 Burger store1.8 3.3 4.5 Burger store2.2 5.8 8.4 Burger store2.4 10 7.8 Burger store1.2 4.7 2.4 Burger store0.8 7.7 4.8 Pizza Store1.1 4.5 2.5 Café1.3 8.6 3.4 Pizza Store0.9 5.9 2 Café0.6 6.3 4.1 Pizza Store2.5 8.4 7.7 Burger store1.3 3.3 4.5 Café2.2 5.8 8.4 Burger store1.9 10 7.8 Café0.2 4.7 2.4 Pizza Store1.8 7.7 4.8 Burger store1.6 4.5 2.5 Burger store2.3 8.6 3.4 Burger store1.4 5.9 2 Burger store0.6 6.3 4.1 Pizza Store1.7 8.4 7.7 Pizza Store1.8 3.3 4.5 Burger store2.6 5.8 8.4 Burger store1.4 10 7.8 Pizza Store0.2 4.7 2.4 Pizza Store1 7.7 4.8 Pizza Store0.6 4.5 2.5 Pizza Store2.3 8.6 3.4 Burger store1.6 5.9 2 Café0.6 6.3 4.1 Pizza Store2.5 8.4 7.7 Burger store1.6 3.3 4.5 Burger store1.2 5.8 8.3 Pizza Store1.9 9.8 7.8 Café1.2 4.7 2.4 Burger store1.8 7.7 4.8 Burger store0.6 4.5 2.5 Pizza Store1.3 9.1 3.4 Pizza Store1 5.9 2.2 Café1.8 6.3 4.2 Burger storeMathStatistics and ProbabilityBUSINESS STATShare Question


