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The issue of "practical significance" is reflected in the correlation between the number of sunny days in the year and the gains in the new york stock exchange.

What is stock exchange?

The stock exchange doesn't really hold any stock. Instead, it serves as a marketplace for stock sellers and buyers. Stocks can be traded on a variety of platforms, including New York Stock Exchange (NYSE) and the Nasdaq.

Some key feature regarding the stock exchange are-

  • The stock exchange is a centralised venue where firms and governments can purchase and sell stocks.
  • Auction-based exchanges, like the New York Stock Exchange, enable traders and brokers to convey buy and sell orders both physically and vocally.
  • Electronic exchanges take occur on electronic platforms, therefore no centralized physical location is required for deals.
  • By avoiding market makers, digital communication networks connect sellers and buyers directly.
  • FINRA has shut down the OTCBB.

To know more about the stock exchange, here

https://brainly.com/question/690070

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