Based on the company, Apple Inc., conduct a linear regression to compute the stock's beta over the past year, relative to the SP 500 Index.

Based on the company, Apple Inc., conduct a linear regression to compute the stock’s beta over the past year, relative to the S&P 500 Index.Explain the steps you conducted in completing this assignment.Is beta an accurate measure of risk? Why or why not?Is the Fama-French model a better model in explaining securities’ returns? Why or why not?Submit your answers in a three- to five-page Microsoft Word document and a Microsoft Excel sheet.Cite sources you use in the APA format on a separate page.