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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
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 two variables.
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