Serene Stereos has the following inventory data: 
A physical count of merchandise inventory on November 30 reveals that there are 100 units on hand. Cost of goods sold under FIFO is
Definitions:
Linear Regression Equation
The mathematical expression that represents the linear relationship between a dependent variable and one or more independent variables in linear regression.
Fahrenheit Degrees
A temperature scale where the boiling point of water is 212 degrees and the freezing point is 32 degrees.
Correlation Coefficient
Represented by r, it is a number between −1 and 1, inclusive, that is used to judge how closely a line fits the data.
Median
The middle value in a data set when the values are arranged in ascending or descending order.
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