Sinaloa Appliance, Incorporated, a private firm that manufactures home appliances, has hired you to estimate the company$$s beta. You have obtained the following equity betas for publicly traded firms that also manufacture home appliances.

Firm Beta $($$ millions$)$

Debt Market Value of Equity

iRobot $0\mathrm{.}96$ $ $0$ $ $3,340$

Middleby's $1\mathrm{.}917687,550$

National Presto $0\mathrm{.}160871$

Newell Brands $1\mathrm{.}1111,95326,970$

Whirlpool $1\mathrm{.}814,53014,400$

a$.$ Estimate an asset beta for Sinaloa Appliance.