For the following regression, the dependent variable is monthly returns on LPC company stock and the independent variables are returns to the three factors in the Fama French three factor model Regression Statistics Multiple R 0 6213965 R Square 0 3861336 Adjusted R Square 0 3532479 Standard Error 0 0459529 Observations 60 ANOVA df SS MS F Significance F Regression 3 0 074383518 0 024795 11 74169 4 49446E 06 Residual 56 0 118253233 0 002112 Total 59 0 192636751 Coefficients Standard Error t Stat P value Lower 95 Upper 95 Intercept 0 0067747 0 006322833 1 071467 0 288556 0 00589145 0 019441 mktrf 0 8796364 0 181739705 4 840089 1 06E 05 0 515568028 1 243705 hml 0 4989315 0 29613019 1 684839 0 097586 0 09428851 1 092152 smb 0 192235 0 345173884 0 55692 0 5798 0 88370146 0 499231 You use regression analysis to estimate the Fama French Three Factor model statistics for LTC company It appears that LTC company is a large cap value stock large cap growth stock small cap value stock small cap growth stock

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Question: For the following regression, the dependent variable is monthly returns on LPC company stock and the independent variables are returns to the three factors in

For the following regression, the dependent variable is monthly returns on LPC company stock and the independent variables are returns to the three factors in the Fama-French three-factor model.

Regression Statistics
Multiple R	0.6213965
R Square	0.3861336
Adjusted R Square	0.3532479
Standard Error	0.0459529
Observations	60

ANOVA
	df	SS	MS	F	Significance F
Regression	3	0.074383518	0.024795	11.74169	4.49446E-06
Residual	56	0.118253233	0.002112
Total	59	0.192636751

	Coefficients	Standard Error	t Stat	P-value	Lower 95%	Upper 95%
Intercept	0.0067747	0.006322833	1.071467	0.288556	-0.00589145	0.019441
mktrf	0.8796364	0.181739705	4.840089	1.06E-05	0.515568028	1.243705
hml	0.4989315	0.29613019	1.684839	0.097586	-0.09428851	1.092152
smb	-0.192235	0.345173884	-0.55692	0.5798	-0.88370146	0.499231

You use regression analysis to estimate the Fama-French Three Factor model statistics for LTC company. It appears that LTC company is a:

		large-cap; value stock
		large-cap; growth stock
		small-cap; value stock
		small-cap; growth stock

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