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%.
54.8. Hope that helped :)
ANSWER
80%
EXPLANATION
Donovan got 20 questions correct and 5 questions incorrect.
This means that the total number of questions he attempted in the test is the sum of correct and incorrect questions:
Total = 20 + 5
Total = 25
To find the percentage of correct answers, we have to divide the number of correct answers by the total number of questions attempted and multiply by 100 (per cent).
That is:

That is the percentage of correct answers.
Answer:
A
Step-by-step explanation:
First of all we know the
Absolute Value Function that is:

This is called the
Parent Function <em>of the Absolute Value Function.</em>
From the equation:

The term:

means that the the Parent Function is <em>shifted</em>
two units <em>to the left</em>.
On the other hand, the term:

means that the function

is <em>shifted</em>
three units <em>downward. </em>So the result is the graph shown below