Barbeque King is a restaurant with 3 different restaurant lo…

Barbeque King is a restaurant with 3 different restaurant locations: Miami, Tallahassee, and Orlando.  The company allocates common fixed costs equally to each location.  The company’s total operating income during the year 2024 was $109,000.  Information about the restaurant locations from the year 2024 follows: Miami Tallahassee Orlando Total Sales $150,000  $250,000 $105,000 Total Variable Costs $105,000  $100,000 $75,000 Traceable Fixed   $43,000  $20,000   $32,000 Costs Common Fixed Costs     $7,000    $7,000     $7,000 Operating Income -$5,000 $123,000 -$9,000   Suppose that the Miami restaurant location were eliminated at the beginning of the year 2024.  That is, assume that during the year 2024 the company only had the Tallahassee and Orlando restaurant locations.  What would the company’s total operating income have been for the year 2024?

Use the confidence level and sample data to find a confidenc…

Use the confidence level and sample data to find a confidence interval for estimating the population μ. Round your answer to the nearest hundredths place. Be sure to clearly state the critical value, margin of error, confidence interval and statement. Don’t forget the units! (5 pts)A random sample of 53 full-grown lobsters had a mean weight of 25 ounces and a sample standard deviation of 2.1 ounces. Construct a 90% confidence interval for the population mean μ. (Use t-table and T-Interval!!)