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blondinia [14]
3 years ago
11

How do you do number 15 thxxx

Mathematics
1 answer:
vampirchik [111]3 years ago
5 0
The simpliest way to do this is to turn both fractions into decimals

7/10 goes to 0.7 and 2/5 goes to 0.4

then the equation would be 0.7x + 20 = 0.4

hope I've helped!
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Answer:

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Step-by-step explanation:

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vova2212 [387]

Answer:

The value of ROE that will be exceeded by 78​% of the firms is -1.77%.

Step-by-step explanation:

Problems of normally distributed samples can be solved using the z-score formula.

In a set with mean \mu and standard deviation \sigma, the zscore of a measure X is given by:

Z = \frac{X - \mu}{\sigma}

The Z-score measures how many standard deviations the measure is from the mean. After finding the Z-score, we look at the z-score table and find the p-value associated with this z-score. This p-value is the probability that the value of the measure is smaller than X, that is, the percentile of X. Subtracting 1 by the pvalue, we get the probability that the value of the measure is greater than X.

In this problem, we have that:

The mean ROE for the firms studied was 14.93​% and the standard deviation was 21.74​%. This means that \mu = 0.1493, \sigma = 0.2174

What value of ROE will be exceeded by 78​% of the​ firms?

This is the value of X when Z has a pvalue of 1-0.78 = 0.22.

This is Z = -0.77

So:

Z = \frac{X - \mu}{\sigma}

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X - 0.1493 = -0.77*0.2174

X = -0.0177

The value of ROE that will be exceeded by 78​% of the firms is -1.77%.

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