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Explain about the Commission Broker
All brokers sell and buy securities for earning a commission. From the investor's point of view, he is the most significant member of the exchange as his main function and responsibility is to sell and buy stock for his customers. He acts as an agent for his customer and earns a commission for service performed. He is independent dealer in securities. He sells and purchases securities in his own name. He isn't allowed to deal with non-members. He can either deal with a broker or another jobber.
the variance of stock a is .004,the variance of market is .007,co variance between two is .0026 calculate correlation coefficient
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