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:
frdg
Step-by-step explanation:
In the proportional theory,
28 units is the total measurement that includes 8 units.
So, 10 + 3x - 5 is the total measurement that includes 10 units proportionally.
This means,
28 = 10 + 3x - 5
Now solve for x,
28 = 10 + 3x - 5
28 - 10 = 3x - 5
18 + 5 = 3x
23 = 3x
23 / 3 = x
So x = 23/3 or 7.6666....
3x+2(4x-4)=3 - remove parentheses
3x+ 8x-8=3 - collect like terms
11x- 8 =3 - move the constant to the right
11x=3+8 - calculate
11x = 11 - divide both sides by 11
x= 1