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A study of the impact of executive networking on firm performance measured firm performance as annual...

A study 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 14.25% and the standard deviation was 21.91%. Assume that these values represent μ and σ for the population ROE distribution and that the distribution is normal. What value of ROE will be exceeded by 75% of the firms?

The value of ROE that will be exceeded by 75% of the firm is what %?

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