To help you answer this question, some outputs from the Based on the analysis using the data provided for the project, the Jensen's alpha for the fund is analysis are reproduced below. ARKK 3.945 9.051 Average Ret Std Rm 1.520 4.582 RE 0.089 Regression Statistics Regression Statistics Multiple R 0.888 Multiple R 0.815 R Square 0.788 IR Square 0.664 Adjusted R Square 0.777 Adjusted R Square 0.659 Standard Error 4.291 Standard Error 5.306 Observations 60 Observations 60 ANOVA ANOVA df SS MS df SS MS F Regression 3 3835.126 1278.375 Regression 1 3232.899 3232.899 56 1030.894 18.409 Residual 58 1633.120 28.157 Total 59 4866.020 Total 59 4866,020 Coefficients Standard Error Stat Coefficients Standard Error Stor P.value Intercept 0.710 0.601 1.181 Intercept 1.553 0.718 2.162 0.035 Rm Ri 1.625 0.134 12.171 Rm-RI 1.609 0.150 10.715 0.725 0.231 3.141 HML -0.928 0.172 -5.394 F 69.444 114.816 Residual P-value 0.243 0.000 0.003 0.000 0.000 SMB