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
and standard deviation
the zscore of a measure X is given by:

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 
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 
So:




The value of ROE that will be exceeded by 78% of the firms is -1.77%.
Answer:
27
Step-by-step explanation:
15x-31 = 9x+11
6x-31 = 11
6x = 42
x = 7
15x -31 + 9x + 11 + s = 180
15(7) -31 + 9(7) + 11 + s = 180
105 - 31 + 63 + 11 + s = 180
153 + s = 180
s = 27
Answer to the problem is s=0.6
5 9/10 .........................................
Answer:
110 beats per minute.
Step-by-step explanation:
Since we know it beats 6600 beats per hour and there are 60 minutes in an hour then we have to divide 6600 by 60 which is 110.