Based on the analysis using the data provided for the project, the Treynor's measure for the fund is analysis are reproduced below. To help you answer this question, some outputs from the Average Ret Std AREK 3.945 9,061 Rm 1520 4.582 Rf 0.089 Regression Statistics Multiple R 0.888 R Square 0.788 Adjusted R Square 0.777 Standard Error 4.291 Observations 60 Regression Statistics Multiple R 0.815 R Square 0.664 Adjusted R Square 0.659 Standard Error 5.306 Observations 60 ANOVA df Regression 1 Residual 58 Total 59 ANOVA SS MS 3232.899 3232.899 1633.120 28.157 4866.020 F Regression 114.816 Residual Total df SS MS F 3 3835.126 1278.375 69.444 56 1030.894 18.409 59 4866.020 Coefficients Standard Error t Stat P.value 0.710 0.601 1.181 0.243 1.625 0.134 12.171 0.000 0.725 0.231 3.141 0.003 -0.928 0.172 -5.394 0.000 Intercept Rm-RE Coefficients Standard Error 1.553 0.718 1.609 0.150 t Stat 2.162 10.715 P-value Intercept 0.035 Rm-RE 0.000 SMB HML Based on the analysis using the data provided for the project, the Treynor's measure for the fund is analysis are reproduced below. To help you answer this question, some outputs from the Average Ret Std AREK 3.945 9,061 Rm 1520 4.582 Rf 0.089 Regression Statistics Multiple R 0.888 R Square 0.788 Adjusted R Square 0.777 Standard Error 4.291 Observations 60 Regression Statistics Multiple R 0.815 R Square 0.664 Adjusted R Square 0.659 Standard Error 5.306 Observations 60 ANOVA df Regression 1 Residual 58 Total 59 ANOVA SS MS 3232.899 3232.899 1633.120 28.157 4866.020 F Regression 114.816 Residual Total df SS MS F 3 3835.126 1278.375 69.444 56 1030.894 18.409 59 4866.020 Coefficients Standard Error t Stat P.value 0.710 0.601 1.181 0.243 1.625 0.134 12.171 0.000 0.725 0.231 3.141 0.003 -0.928 0.172 -5.394 0.000 Intercept Rm-RE Coefficients Standard Error 1.553 0.718 1.609 0.150 t Stat 2.162 10.715 P-value Intercept 0.035 Rm-RE 0.000 SMB HML