Clearly the relationship is not linear can it be made, Basic Statistics

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Clearly the relationship is not linear can it be made

Treasury Bills.

The 3-month Treasury bill interest rate is watched by investors and economists. Here's a scatterplot of the 3-month Treasury bill rate since 1950:

1901_graph 2.jpg

Clearly, the relationship is not linear. Can it be made nearly linear with a re-expression? If so, which one would you suggest? If not, why not?

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