You might think that you’re just an intern so your work probably doesn’t matter too much, but you are wrong. One of my projects is to actually make a dashboard of large amount of real world financial data for MDs to review. Of course I work with some experienced analysts and others, however, you have your responsibility to some extent that you will have to dedicated 70%+ of your time.
The project that you are given will most likely be put into production when you complete the internship. This, of course, depends on whether the project is completed or not. The work given to you will not just be a made up project just for you to do work. It is supposed to positively impact the company, and implement modern techniques.