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Mathematics, 08.11.2019 05:31 reycaden
Astudy of the impact of executive networking on firm performance measured firm performance as annual return on equity (roe), recorded as a percentage. the mean roe for the firms studied was 14.93% and the standard deviation was 21.74%. assume that these values represent mu and sigma for the population roe distribution and that this distribution is normal. what value of roe will be exceeded by 78% of the firms?
the value of roe that will be exceeded by 78% of the firms is blank %.
(round to two decimal places as needed.)
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