Is there a correlation between the number of companies listed on the New York Stock Exchange in
Question:
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.
Transcribed Image Text:
Number of Companies on NYSE 1774 1885 2088 2361 2570 2675 2907 3047 3114 3025 2862 Number of Equity Year Issues on AME 1063 1055 943 1005 981 936 896 893 862 769 765 6 7 8 10
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No Co No Eq Is on NYSE on AMEX Rank NYSE Rank AMEX d ...View the full answer
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Related Book For
Business Statistics for Contemporary Decision Making
ISBN: 978-0470910184
6th Edition
Authors: Ken Black
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