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Light waves can exhibit polarization.
That is correct. Polarization is possible only when the direction of vibration is perpendicular to the direction of the wave travel, such is in light. In sound waves, the direction of vibration (compression) is the same direction as the direction of the travel of the sound wave, and therefore polarization is not possible.
Polarization indicates light has transverse waves.
No. Polarization only applies to transverse waves; and sound in gases like air, at least, can only be longitudinal waves.
Transverse waves can be plane-polarized; longitudinal waves can not be.
For example, water waves, sound, light.
it explains d wave nature of light.
Refraction occurs for any waves, where there's a change in the medium.
For polarization the direction of the oscillation has to be perpendicular to the direction of travel. In sound waves, which are longitudinal waves, this isn't the case and thereby can not be polarized.
Light and sound both move in waves. Light is much faster than sound. Light waves are smaller than sound waves.
Longitudinal waves doesn't exhibit polarization or diffraction; these to features are for transverse waves.
Light travels in waves, and sound travels in waves. However, sound waves and light waves are very different, and it is important not to confuse the two. Light travels in electromagnetic waves, and sound does not. Sound waves are caused by vibration.