Is there a correlation between the number of companies listed on the New York Stock Exchange in a given year and the number of equity issues on the American Stock Exchange? Shown on the next page are the values for these two variables over an 11-year period. Compute a Spearman€™s rank correlation to determine the degree of association between these twovariables.

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Number of Companies on NYSE Number of Equity Issues on AMEX 1063 1055 943 1005 981 936 896 893 862 769 765 Year 1774 1885 2088 2361 2570 2675 2907 3047 3114 3025 2862 4 6 10