Explain why it does not make sense to find a least-squares regression line for the Bear Market
Question:
Explain why it does not make sense to find a least-squares regression line for the Bear Market data from Problem 34 in Section 4.1.
Data from in problem 34
A bear market in the stock market is defined as a condition in which the market declines by 20% or more over the course of at least two months. The following data represent the number of months and percentage change in the S&P 500 (a group of 500 stocks) for a sample of bear markets.
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