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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

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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 14.14% and the standard deviation was 21.43%. Assume that these values represent u and o for the population ROE distribution and that this distribution is normal. What value of ROE will be exceeded by 79% of the firms? The value of ROE that will be exceeded by 79% of the firms is]%. (Round to two decimal places as needed.)

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